On Monday, IdeaPaint landed $5 million in Series A funding from Breakaway Ventures to turn smooth surfaces into supersized seamless high performance dry-erase boards with their entirely new type of paint. The paint provides a more flexible, lower cost, higher performance solution to the typical dry erase board. Not only that, but it gives you ability to turn your entire conference room into a creative haven to mastermind your next new idea. The startup is the brainchild of Babson College's entrepreneurial program and recently won the Innovation Award and Best New Product Award at NeoCon, an important event for the contract furnishing industry. As part of their presentation, they created 3,000 square foot dry-erase board and hired 25 muralists to engage and captivate their audience.
Ideapaint already has a distribution channel lined up MDC Wallcoverings, one of the leading marketers in the industry for these types of products. It really does seem like an all around great product, it's also environmentally friendly. They also guarantee that you won't experience "ghost" marks from erasers from leaving ink up for too long like you do with most dry-erase boards. Its great for creative companies who are always running out of room on their boards. Now, you might as well paint your whole startup office with IdeaPaint and cover the walls with your business plan and adjust it as you go.
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Innovation tool for any office environmentContinue Reading...
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