Social Networking - Wednesday, February 6, 2008
Germany's Burda Invests in Canadian Social Networking Outfit Nexopia
Nexopia.com lays claims to be Canada's largest social networking site for youth with over 1.2M registered members and over 1B pages served per month. Nexopia says it raised "several million dollars" from Burda Digital Ventures, the venture capital arm of Hubert Burda Media. Nexopia is led by Boris Wertz, who was COO of Abe Books and more recently CEO at W Media Ventures. Nexopia was founded four years ago by 18 year old Timo Ewalds and has its HQ in Edmonton, home to the Oilers.
Over 95% of its users are Canadian and the site is particularly popular in western Canada. The site makes a living by charging up to $30 additional for premium storage service.
Nexopia Founder Timo Ewalds
You can get the flavor of Nexopia from this documentary
View - site
More Recent Articles
Petra Solar Raises $40M For Utility Pole Panels
Tuesday February 9, 2010
Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and Espírito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait... Full Story
Audio Transcription's 3Play Media Seed Funded
Monday February 8, 2010
Play Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search. Clients pay 3Play to use technology to convert audio recordings to text and then to clean up the errors w... Full Story
Categories
- Venture Capital (288)
- Advertising (451)
- Aircraft (17)
- Alternative Energy (299)
- ASP (39)
- Batteries (10)
- Biometrics (3)
- Biotechnology (9)
- Communications (63)
- Digital Hollywood (18)
- Digital Home (35)
- eCommerce (468)
- Educational Software (31)
- eHealth (31)
- Email Software (7)
- Enterprise Software (260)
- Euro Ventures (129)
- File Sharing (23)
- Financial Software (43)
- Food (3)
- Games (185)
- Hardware (46)
- Homeland Security (7)
- IMterviews (6)
- IPO (42)
- Jobs (49)
- Media (360)
- Nanotechnology (14)
- Networking (95)
- News & Updates (1387)
- Online (17)
- Peripherals (42)
- Photo Software (49)
- Publishing (9)
- RFID (3)
- Robots (15)
- Satellites (8)
- Search (209)
- Security (95)
- Semiconductors (75)
- Social Networking (426)
- Space (1)
- Sponsored Post (11)
- Storage (41)
- Tech stocks (308)
- Telecom Equipment (16)
- Transportation (3)
- Video (234)
- Voice (67)
- Web 2.0 (140)
- Web Development (8)
- Where Are They Now (30)
- Wireless (384)
Post a comment