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Our friends at AssuredLabor, a co-located Dogpatch Labs Cambridge and Dogpatch Labs NY resident, announced today they have raised $1 million in seed funding. We’re very excited for the team!

Co-founder and CEO David Reich discussed the investor group in this Xconomy article: “Michael van Swaaij was the CEO of Skype and the Chief Strategy Officer at eBay during a period of tremendous growth. Nexus Venture Partners is one of the top venture funds operating in India and will be instrumental when we move in that direction. Also, Fabrice Grinda has built one of the largest marketplaces in the world with OLX.com and Jose Marin was one of the founders of DeRemate (a digital marketplace in Latin America which was sold to MercadoLibre).”

Congrats David and Sidd!

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Polaris Ventures In 1996, Jon Flint, Terry McGuire, and Steve Arnold founded Polaris Venture Partners. Their vision was to identify and invest in exceptional entrepreneurs and operating companies with innovative and disruptive ideas, the skills necessary to become market leaders, and a passion for success. Since its inception, Polaris has believed that diversification across company stage and across industries is the key to outstanding long-term results for the firm’s limited partners.