Dog-Owner Focused Social Network Dogster Gets $1 Million Funnding
The popular dog-owners focused social network Dogster.com (and its sister site Catster.com) has closed a $1 million first round funding, from a syndicate of angel investors. The lead investor of this round, Michael Parekh, will join its board.
And when they say syndicate, it really is one: includes Joshua Schacter - del.icio.us./Yahoo, Adam Beguelin - Truveo/AOL, Michael Tanne - Wink, Jim Young - hotornot, Mike Jones - Userplane/AOL, George Sarlo - Walden Funds, Frank Caufield - Darwin VC, Aydin Senkut - Felicis Ventures, Robert Simon - Alta Partners, Brad Feld - Mobius Ventures and Jeff Clavier - SoftTech VC.
Dogster launched in January of 2004 and Catster launched in August of 2004. The company says it has quarter of a million members from over 150 countries.
News.com: The company makes its money from pet-related ads served to site visitors, and is just one of a growing number of popular pet-related sites such as Cute Overload, Cats in Sinks and many others. But Dogster may well be the first of these outfits to attract venture funding, says the story. I bet CNET will buy it out soon…food, moms and dog owners go well togethers.
Posted In: Money, Social Media
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