Stealthy startup
Averail has raised $6 million in Series A funding led by Foundation Capital and Storm Ventures. In addition, the company has appointed Paul Holland, General Partner at Foundation Capital, and Tae Hea Nahm, Managing Director at Storm Ventures, to its Board of Directors. While some of the details have not been released, Averail is developing a mobile content management technology that wants to help employees share enterprise documents on mobile devices. Founded by John Drewry and Rahul Sharma, the company plans to use the funds towards product development and expansion.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/Q4FcVGGbjGA/
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