Twitter co-founder to back Kochi-based app development platform Sieve
California and Kochi-based business and app development platform Sieve is set to raise funding from Twitter co-founder Christopher Isaac Stone.
Stone made the announcement about the investment during a teleconferencing call at the second edition of Huddle Kerala, a programme organised by the Kerala Startup Mission, which is aimed at promoting technological innovations among startups, media reports said.
The event was organised in collaboration with the Internet and Mobile Association of India.
Sieve is a curated platform for freelancers with a dedicated product manager to handle projects for end-to-end operations. It offers a variety of services such as client onboarding, requirement collection, agreements, invoicing and payments. Freelancers can message with stakeholders, exchange files and undertake video-conferencing on the platform.
The platform has a standard $4 subscription for freelancers and does not charge a commission on their earnings.
The startup was founded in 2016 by Sanjay Nediyara, a former community manager at Google’s developer group in Kochi.
“I have used the products of Sieve as a freelancer. As an angel, I consider the person first and the product second. I find Sanjay as a dedicated, empathetic and extremely hardworking individual,” said Stone over the video conference, according to a report published by the Economic Times.
E-mails sent to Nediyara seeking a statement on the investment or the sum to be invested did not elicit any responses at the time of writing.
Sieve’s other investors include elevator and escalator manufacturer Otis Elevators and Friends of Oorjja, an ecosystem empowering the differently-abled community, news agency UNI reported.
Stone co-founded Twitter with Evan Williams and Jack Dorsey. The University of Massachusetts alumnus has worked at companies such as blogging platforms Xanga and Google-owned Blogger.
Stone has invested in startups such as online recruitment platform Workpop, messaging platform Lookup, information-verification platform Factmata and computer software platform The AI Foundation.
Recent deals by social media companies
Regional social media platform ShareChat raised $100 million as part of its Series D funding round with participation from new investors Twitter and TrustBridge Partners
Mark Zuckerberg-led social networking platform Facebook announced that it would acquire CTRL-Labs, a New York-based startup which is developing technologies to enable mind control.