by Taylor Soper on 5, 2017 at 11:36 am April 7, 2017 at 7:23 am april
Noise the security for ladies to locate one thing aside from old-fashioned relationship apps: Siren is shutting straight down.
The Seattle-based software, which billed it self as an option to websites such as for instance Tinder and Match.com with a concentrate on empowering females, is shutting its doorways after operating away from cash.
Siren co-founder Susie Lee penned an article detailing the reasons for the companyâ€™s shutdown tuesday. She noted that Blackrun Ventures, which last year spent $225,000 as an element of Sirenâ€™s seed round, had never â€œcompleted their obligation.â€
â€œInstead, we received tiny, unpredictable quantities, aided by the other investors fearlessly stepping forward,â€ Lee penned. â€œThrough the commitment of those committed individuals we had been in a position to carry on development, nevertheless we’re able to never prepare beyond a couple of months, hindering development, milestones, and brand new money opportunities.â€