, Feb. 4, 2013 /PRNewswire/ -- Golden Seeds, including Golden Seeds Innovate NY Fund, closed a
Series A financing for Plum Perfect, ColorModules Inc. Plum Perfect is the ultimate tool for online and mobile sellers to offer highly targeted and accurate color and product recommendations.
With Plum Perfect, the everyday online or mobile shopper, in a matter of seconds can take a photo with no color sense or expertise, and have their image analyzed and recommendations presented to them. Plum Perfect's website and mobile app is dynamic and can be applied to industries ranging from beauty and fashion to the auto industry.
"We've built a stellar team and strong partnerships in the beauty industry. This funding provides the capital needed to amplify the great things we have accomplished this year and to diversify our offerings to our partners. We are proudly
Made in NY
and are proud to be part of the Golden Seeds and the NY Innovate portfolio," said Asmau Ahmed, Plum Perfect, Color Modules' CEO.
"Plum Perfect's breakthrough technology will unlock the cosmetics segment of the eCommerce market that is so far undeveloped," said
, Managing Director at Golden Seeds, who led the financing and joins the company's board. "As former President of HSN, Marty is the ideal person to join us," added Ahmed.
ColorModules was founded in 2010 by Asmau Ahmed. The firm developed its visual recommendation engine
to optimize color matching for both on and offline shoppers by enabling them to simply taking a photo, upload it, and instantly pinpoint the best colors and products.
About Golden Seeds
is an investment firm that pursues above market returns through the empowerment of women entrepreneurs and the people that invest in them. Its angel network consisting of 262 men and women is the fourth largest in the US and its venture capital group has more than
under management. Golden Seeds Innovate NY Fund LP is part of a
equity fund established by the Empire State Development Corporation to provide
startup and seed stage businesses with capital to support innovation and job creation. The
in State funds and
from Goldman Sachs will leverage over
in private investment for
, +1-888-629-6774 x561,
SOURCE Golden Seeds