Swivel picks up $4.75 mln seed

Swivel, an online service where companies can find and design their own plug-and-play workspace and pay for it on flexible terms, has raised $4.75 million in seed funding. First Round Capital led the round with participation from other investors that included Fuel Capital, Correlation Ventures, Great Oaks Venture Capital, Hack VC, Capital Factory, Abstract Ventures, Floodgate and Next Coast Ventures.

Source: Press Release