Bookmarks Sharing Provider Mogad Secures $500K First Round

Mogad, a startup that lets friends share and discover websites through a browser plug-in, has raised $500K in a first round financing, PEHub reported. The round was led by Felicis Ventures. Yanda Erlich, one of the founders of the San Francisco-based company, held a post in product management in both Google’s (NSDQ: GOOG) advertising and consumer web products divisions. Before that, he was part of Microsoft’s (NSDQ: MSFT) MSN group.

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