Rentcycle, a San Francisco-based startup that has been dubbed the "
OpenTable for product rentals", announced today that it has raised $1.4 million in seed funding.
The round was led by
Collaborative Fund, a young seed fund founded by
Craig Shapiro that invests in startups focusing on peer-to-peer sharing of resources and creative innovations in business.
A host of other notable VCs and angels participated in the round as well, including
Andreessen Horowitz,
SV Angel,
Founder Collective, and
Amicus Capital, as well as angel investors including
Max Levchin, co-founder of PayPal and Chairman at Yelp, and Founder of Shopzilla
Farhad Mohit..