Home › DMW Daily › June 26, 2009

Grou.ps Raises $1 Million for Social Network Creation Platform

Authored by Mark Hefflinger on June 26, 2009 - 7:11am.
San Francisco - Grou.ps, the provider of a service that lets users create their own online social networks, has raised $1 million in the second tranche of its first round of funding from Golden Horn Ventures, VentureBeat reported.

San Francisco-based Grou.ps counts around a million registered users, who have created 40,000 groups using the service.

Twenty-five percent of Grou.ps users are located in the U.S., 40% are in Europe, and 17% reside in Asia.

Features on the niche social networks include wikis, RSS feeds, and templates on which users can build their network.

 

Related Links:
http://snipurl.com/kxsar (VentureBeat)

http://grou.ps

Published in DMW Daily, June 26, 2009
tags: Deals | VC | Social Networking | User-Generated | Grou.ps | Golden Horn Vetures |



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.