Fatdoor hires Yahoo! veteran as CEO and secures $5.5 million in funding
Fatdoor, a neighborhood community platform, today announced the addition of Yahoo! veteran, Jennifer Dulski, to its team. The company also announced that it has secured $5.5 million from an investment group led by Norwest Venture Partners (NVP) and also including KeyNote Ventures. Fatdoor will use this first institutional round of funding to expand its market presence, scale its infrastructure and further build out the company’s innovative, community offerings.
Fatdoor began testing its service through an alpha site open in Silicon Valley earlier this year. It will continue that alpha with existing users and incorporate the feedback and recommendations it gathers for the public launch, which is planned for spring of 2008.
As part of the investment, Sergio Monsalve will join Fatdoor’s board of directors.
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It’s a well done platform I think. And with these funds they will have a lot of possibilitis and I’m exciting of the further development of fatdoor.
Besides that i found another site: TownKings (www.townkings.com) which is a mapbased social community from Germany and comparable with fatdoor.
By Steve on January 9, 2008 4:32 am