Stealthy iList Raises $1.5 Million For Social Classifieds
iList, a stealthy online classifieds site, has raised $1.5 million from DFJ, according to TechCrunch. Other investors include Dmitry Shapiro (Veoh) and Alex Bard (Goowy). Information is kind of scant. The site just says: “Craigslist is so 1995!”, so you can see where they’re coming from. TC suggests it will be similar to the various social marketplace apps on Facebook. Craigslist’s dominance of this space and the fact that it can’t be under-priced hasn’t deterred all comers. Fabrice Grinda’s OLX has raised over $23 million.
Posted In: Money, M&A & Venture Capital, Venture Capital, alex bard, dmitry shapiro, draper fisher jurvetson, ilist
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