TITLE

Widgeteer Gets $3.5M

PUB. DATE
December 2007
SOURCE
Red Herring;12/1/2007, Vol. 4 Issue 30, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $3.5 million amount of investment received by Mill Valley, California-based SocialMedia Networks which runs an advertising and analytics network for widget makers targeting Facebook, MySpace and the like. The investors include Marc Andreessen of Netscape fame, Charles River Ventures and SoftTech Venture Capital. The funding comes as venture capitalists search for ways to make money off these mini programs that add functions, both helpful and otherwise, to Web pages. SocialMedia's own so-called FoodFight widget invites users to throw food at each other in cyberspace.
ACCESSION #
28819227

 

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