Online Social Network Start-up Wallop Raises $10 Million

Authored by Mark Hefflinger on September 26, 2006 - 1:31am.
San Diego - Wallop, a new online social network, on Tuesday announced its launch at the DEMOfall '06 conference in San Diego. The company, which was spun off from a Microsoft research project, also announced that it has raised $10 million in its second round of venture capital financing. Norwest Venture Partners led the investment round; previous investors Bay Partners and Consor Capital also participated. Wallop will not feature any advertisements, but instead plans to sell "mods" that allow members of the invitation-only network to add interactive graphics and personalization to their profile pages.
http://biz.yahoo.com/prnews/060926/nytu060.html?.v=67
http://www.demo.com
http://www.wallop.com



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.