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Xoopit Raises $5 Million To Make Email More Social

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Xoopit, a social networking service based around email, has raised a $5 million first round from Accel Partners and Foundation Capital. The service works with webmail services like GMail, and syncs up with third party services, like Flickr. Rather than requiring a user to visit all of these sites, email is turned into a centralized hub to manage and organize items on these services. The SF-based company faces competition on multiple fronts, as Google (NSDQ: GOOG) and Yahoo (NSDQ: YHOO) have both been making efforts to make their email services more social. Founded in 2006, the service is still in beta. Release.

Apr 2, 2008 12:22 PM ET

Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Technologies / Formats, E-Mail, accel partners, foundation capital, xoopit

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