Wallop Inventor leaves the company

Sean Uberoi Kelly, CTO, founder and principal inventor of Wallop has left the San Francisco-based social networking start-up.

We were able to confirm this information with Karl Jacobs, CEO of Wallop. According to him, Kelly has no plans to work on any other project.

Kelly led the development of the Wallop prototype as a research software developer in the Social Computing Group at Microsoft. Jacobs says Kelly is going to back to New York, and described the departure as part of natural progression in the life of a start-up. “He has built the product and he has family in New York,” says Jacobs.

Nevertheless, when inventor/co-founder leaves a company it certainly raises eyebrows. With an impending launch of the final product, raises doubts, whether true or unfounded. We are still trying to reach Kelly and will update the story accordingly with his statements.

Jacobs says the company is going to come out of beta in the first quarter of 2007. It has fallen out of the limelight in recent months. Wallop has raised $13.6 million in venture funding from angels, Norwest Venture Partners and Bay Partners.

Disclosure: Wallop was one of the exhibitors at Widgets Live conference, organized by GigaOM and Niall Kennedy.