Online Community Site Fatdoor Raises $5.5 Million First Round; Ex-Yahoo Jennifer Dulski Named CEO

Palo Alto-based Fatdoor, a site for building neighborhood-based communities, has raised a $5.5 Million initial round led by Norwest Venture Partners, with participation from Keynote Ventures. The company, which is currently in pre-beta testing, says it will launch in 2008 with tools that help neighbors connect with each other. Features include maps, community calendars and location-based social networking tools. Fatdoor also announced that it has named ex-Yahoo (NSDQ: YHOO) Jennifer Dulski as CEO. The nine-year veteran of the company held such roles as VP and GM of both Local Markets and Commerce and Yahoo Autos. According to The Local Onliner, Dulski’s resignation from Yahoo was announced at the end of October and was effective November 8.

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