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Social Networking - Friday, August 24, 2007

Pre-launch PeerMeta Funded For Mobile Social Networking Tech

Pre-logo PeerMeta has raised an undisclosed amount of venture capital funding the company says. The Boston-based startup is "developing applications around iGoogle, Facebook, MySpace, Yahoo, etc."

The start-up was co-founded by Cheng Wu who was VP and GM of content networking at Cisco Systems. He was He was founder, chairman, and CEO of ArrowPoint Communications, which he sold to Cisco in June 2000 for $5.7B Prior to that he was with Cascade Communications which was sold to Ascend for $3.7B. His co-founder is Jo Tango of Kepha Partners.

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