Sports-Focused Social Network Loop'd Secures $800,000

Authored by Mark Hefflinger on May 21, 2009 - 7:37am.

San Diego - Loop'd Network, a sports-focused online social network, said on Thursday that it has secured an additional $800,000 in funding from existing backers, and new investor Tech Coast Angels.

Launched in November 2007, San Diego-based Loop'd lets youth athletes promote themselves and network; the site claims 500,000 registered members, and partnerships with over 400 brands.

The company will use the funds to accelerate development of its social merchandising e-commerce strategy.

Related Links:
http://snipurl.com/ii2md

http://www.loopd.com