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Social Networking - Monday, February 26, 2007

Koolanoo: Jewish Social Network Raises $3M

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Giza Venture Capital is leading a $3M seed investment in online social network Koolanoo Group. The company plans to build from its platform and launch social networks for other ethnic and religious groups. The company owns and operates one of China's first social networks and video sharing website; 360Quan.com. Reviews and traffic for Koolanoo have not been terribly impressive.

Read - Giza leads $3m investment in Internet co Koolanoo (Globes)
Read - Koolanoo’s Jewish MySpace Launches (Mashable)

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