Mobile Social Startup CrowdOptic Raises Another $500K, Plans Consumer Launch

CrowdOptic, a startup trying to create a new way for people to interact via line-of-sight "clusters", has raised another $500,000 in debt financing. CEO Jon Fisher says this brings the company's total funding to $2.5 million (including $500,000 that Fisher himself invested in January), and that the round serves as a bridge to CrowdOptic's profitability, which he plans to reach next quarter. Fisher isn't disclosing the source of the new funding. CrowdOptic creates clusters of people based on what you're looking at through your smartphone camera. If multiple people are looking at the same thing, CrowdOptic will send a notification asking if they want to create a discussion group, where they can share photos and comments.

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