Former Mocavo exec raising funds for new undertaking

BOULDER — Startup Revve Inc. in Boulder has raised $6 million in equity financing, according to a filing with the Securities and Exchange Commission.

But Cliff Shaw of Boulder, president of Revve, said Thursday that the amount raised was only $600,000, saying the filing is incorrect. Shaw declined to say what Revve does or how the money will be used. The company was formed in June, according to Secretary of State documents.

Shaw founded Mocavo Inc. in 2011, a genealogy software firm that was acquired by London-based historical records company Findmypast in July for an undisclosed amount, according to one of Shaw’s blogs. Mocavo now is a fully-owned subsidiary of Findmypast.

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Mocavo, a TechStars alum, was backed by $4 million in venture capital from Foundry Group and $1 million from investors including Dave McClure of 500 Startups and Troy Henikoff of TechStars Chicago, according to Venture Beat.