Local investor backs KC-based app maker Knoda

BY MARK DAVIS
The Kansas City Star

A local private investor has provided funding for Knoda, a Kansas City-based startup business working on a prediction app.

Knoda’s app, available next month for iPhones and in January for Android devices, will let users make and track predictions and be ranked for their accuracy.

Kyle Rogers, co-founder and chief executive officer, would not disclose the terms of the investment or identify the investor, but he said it provided hundreds of thousands of dollars in capital. It means Knoda — silent K and rhymes with soda — will be able to hire two developers, pay operating costs such as for computer servers and make a marketing effort, Rogers said.

Read more here: http://www.kansascity.com/2013/11/06/4602117/local-investor-backs-knoda-app.html#storylink=cpy