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News & Updates - Tuesday, August 24, 2004

Technorati Update

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Time to figure out that business model...

Our friend Om Malik reports that Technorati is about to announce its first major round of financing. Steve "Jurvie" Jurvetson confirmed to Om that Draper Fisher Jurvetson led a round of approximately $6.5M. As we initially reported, the presence of Draper Fisher and Hummer Winblad VCs on the board suggested some kind of investment from those two firms. Now look for the copycat investing to begin.

Read: Technorati gets fed VC dollars - [Om Malik on Broadband]
View: Technorati Profile - [alarm:clock]

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