San Francisco – Path, a social start-up focused on sharing
photos via mobile with a circle of contacts numbering 50 or less, has emerged
from stealth-mode with a new $2.5 million round of seed funding, CNET News.com
reported.
Investors include Baseline Ventures, Index Ventures, First Round
Capital, Betaworks, Founders Fund and angel backers Mark Benioff, Matt Cohler,
Dustin Moskowitz, Chris Kelly, Kevin Rose, Ashton Kutcher, Sam Lessin and Paul
Buccheit.
San Francisco-based Path was co-founded by Dave Morin, who previously
helped Facebook launch its developer platform, and Napster founder Shawn
Fanning.
The Path service, which launched for the iPhone on Monday, lets users
set up a mobile social network that includes up to 50 people, with whom they
can share photos and tag people, places and things.
The company plans to add Android
and BlackBerry versions soon.
Related Links:
http://blog.path.com/post/1576969971/introducing-the-personal-network
