Dating application Siren, which empowered females, shuts straight down after running away from cash

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 company’s shutdown tuesday. She noted that Blackrun Ventures, which last year spent $225,000 as an element of Siren’s seed round, had never “completed their obligation.”

“Instead, we received tiny, unpredictable quantities, aided by the other investors fearlessly stepping forward,” Lee penned. “Through 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.”

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