via All Things D and Liz Gannes
Less than a month after Demo Day, Ark now tells me that it has raised a $4.2 million seed round from investors including Andreessen Horowitz, Charles River Ventures, Greylock Partners, Intel Capital, SV Angel, Atlas Ventures, Crosslink Capital, Expansion Venture Capital, Felicis Ventures, Lightbank, Salesforce, Tencent, Transmedia Capital, and a bunch of individual angel investors.
That’s the largest seed round ever raised by a Y Combinator company. It benchmarks Ark as a clear front-runner in the most recent batch of the program’s closely watched start-ups. (Though to be fair, I’ve heard other top companies in the winter class are also cleaning up.)
Update: Paul Graham of Y Combinator says the program does not track such statistics, so he cannot confirm that Ark’s is the largest seed round to date. Thus, I’ve updated the headline to “biggest seed round in memory” from “biggest seed round ever.”
A 4.2 million dollar “seed” round? Wow. Congrats to Ark! Actually stoked to use the service.