Social Networking - Wednesday, January 25, 2006
Another Big Social Networking Funding
WisdomArc has raised $6.3M in a first round of funding from El Dorado Ventures, Venrock, and Benhamou Global. The company was seeded by former 3Com CEO Eric Benhamou. The top two people at WisdomArc came from Friendster and Spoke Software. We imagine that their business model relies on the liqudity event at MySpace as the example of what is possible and points to Friendster and Spoke as poor early entry mistakes.
Read - WisdomArk to provide you insights on your life (SiliconBeat)
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