Del.icio.us dollars

Open media dollars are coming thick and fast. Today Joshua Schachter announced that he had quit his job, and raised money from a whole bunch of people. (tip-off, Niall Kennedy)

Union Square Ventures leads the investment group, and the other members are Amazon.com, Marc Andreessen, BV Capital, Esther Dyson, Seth Goldstein, Josh Koppelman, Howard Morgan, Tim O’Reilly, and Bob Young.

How much money he got, no news? Less than $2 million. Maybe between $2-and-$3 million. I had been pinging a lot of people all day long trying to get the skinny on this – had narrowed it down to Josh Koppelman and Union Square Ventures. Fred did not email back.

Niall points out, Amazon has now funded two tagging companies in 43 Things and del.icio.us. Good move – the investors know that one of the big three – Google, Yahoo or MSN could come calling and buying out this little project as well. Just like Flickr. Good cash in flipping you know!

loading

Comments have been disabled for this post