San Francisco – MyLikes, the developer of a social media
advertising service, has raised $5.6 million in its first round of venture
capital financing, TechCrunch reported.
Khosla Ventures led the investment
round; Lightspeed Partners and Metamorphic Ventures also participated.
Founded
in 2008, San Francisco-based MyLikes recruits celebrities and other social
influencers to post messages to Twitter and other services plugging various
products or services.
Participants can make more money based on how many
followers they have, and how often their contacts click on their endorsement
posts.
Related Links:
http://techcrunch.com/2011/02/28/mylikes-khosla-buchheit
