Mandelbrot Project Raises $4.1M

Boulder-based Mandelbrot Project, a stealth mode startup headed by Pete Sheinbaum, has raised $4.1M in a funding round, according to a regulatory filing by the firm today. No details on the startup have been announced. Sheinbaum is the former President of DailyCandy. The firm has previously raised funding from The Foundry Group. Mandelbrot has recently listed job positions in Boulder indicating the firm is working on a company with content-related and editing positions. Sheinbaum sold DailyCandy last year to Comcast Interactive Media. More information »