Startup news today as Captain401, an automated provider of 401(k) accounts for startups and small businesses, raises some money to grow. First to the funding news: The company has closed a $3.5 million seed round. Investors include SoftTech VC, SV Angel, Y Combinator, CrunchFund, Dave Morin‘s Slow Ventures, Susa Ventures, FundersClub, Paul Buchheit (creator of Gmail), Justin Kan (co-founder of Twitch), Michael Seibel (co-founder of Twitch), Jared Friedman (co-founder of Scribd), Jacob Gibson (co-founder of NerdWallet), Greg Brockman (former CTO of Stripe) and Joe Montana (Hall of Fame quarterback).

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Source: COMPUTER WORLD