Los Angeles – Uber.com, a social network and blogging platform that had raised at least $7.6 million from investors including Universal Music Group and Discovery Communications, announced on Monday that it is shutting down, effective immediately.
"The crisis in the economy has claimed Uber as its latest victim," reads a note on Uber.com.
"Our investors have decided to stop supporting Uber and we have closed the doors."
Valleywag reported the site was attracting just 500,000 monthly users in May, citing Nielsen Online data, while Uber CEO Scott Sassa pegged visitors at 2 million.
http://snipurl.com/3y057 (DMW previous coverage)