Open media dollars are coming thick and fast. Today Joshua Schachter announced that he had quit his job, and raised money from a whole bunch of people. (tip-off, Niall Kennedy)
Union Square Ventures leads the investment group, and the other members are Amazon.com, Marc Andreessen, BV Capital, Esther Dyson, Seth Goldstein, Josh Koppelman, Howard Morgan, Tim O’Reilly, and Bob Young.
How much money he got, no news? Less than $2 million. Maybe between $2-and-$3 million. I had been pinging a lot of people all day long trying to get the skinny on this - had narrowed it down to Josh Koppelman and Union Square Ventures. Fred did not email back.
Niall points out, Amazon has now funded two tagging companies in 43 Things and del.icio.us. Good move - the investors know that one of the big three - Google, Yahoo or MSN could come calling and buying out this little project as well. Just like Flickr. Good cash in flipping you know!
7 trackbacks so far
10:40 PM PT
del.icio.us dol.lar.signs
Om Malik points out, that social bookmarking site del.icio.us has received venture capital money. Joshua Schachter, developer and maintainer of del.icio.us, gave details on the site’s mailing list.
Among the investors are Union Square Ventures, Am…
11:57 AM PT
Del.icio.us closes a round of financing, led by Fred Wilson
Niall has the scoop: Joshua Schachter, after going pro two weeks ago, has closed a round of financing led by Fred Wilson’s new fund, Union Square Ventures. Other co-investors were: Amazon.com, Marc Andreessen, BV Capital, Esther Dyson, Seth Goldstein,…
2:45 AM PT
Venture capital money tastes del.icio.us
Joshua Schachter, the founder of del.icio.us, has some exciting news about a recent infusion of VC money: “As you may know, I left my job a few weeks ago in order to devote myself full-time to del.icio.us. In order to…
3:24 AM PT
Web 2.0 News, 12 April 2005
Here’s a new feature I’m trialing on Read/Write Web. It’ll be a daily
shot of Web 2.0 news. Each item will have a main link, one or two lines of commentary
from me, and views of the story from other bloggers (if I have time)…
8:23 PM PT
Web 2.0: Bottom-up and Self-Organizing
When I was working on the first release of Photoshop Album, one of the biggest areas of contention was around tags. It was clear that there was a benefit to building an organizational model around tags, but it was unclear…
5:27 PM PT
Profile: Deli.cio.us
Company: Deli.cio.us
Launched: early 2004
Funding: Seed funding in early April, 2005 (rumored $2 millionish) by Union Square Ventures, Amazon.com, Marc Andreessen, BV Capital, Esther Dyson, Seth Goldstein, Josh Kopelman, Howard Morgan, Tim O̵…
8:12 AM PT
[...] went by the adorably geeky name del.icio.us. I still remember smiling when founder Joshua Schachter quit his day job to pursue his crazy little project full time. I still remember cheering when [...]
1 comment so far
12:56 AM PT
i have heard about this site>helping entrepreneur-fulfilling their dreams-that’s why I am here.
LAXMIDHAR BHOLA
ENTREPRENEUR
INT’L BUSINESS/DIVERSE BUS-SEGMENTS
MUMBAI