New York – Christopher Poole’s latest venture, Canvas, a site where users can kick off discussions and post pictures, has raised $3 million in a round of funding helmed by Fred Wilson of Union Square Ventures, according to TechCrunch.
The injection of funding follows $625,000 raised in seed financing. Angel investors Andreessen Horowitz, Founder Collective, Joshua Schachter, Lerer Ventures and SV Angel returned for the latest round of funding.
According to its website, Canvas “is a place to share and play with images.” Users can vote for favorite pictures, view content generated by other users and “remix” images via a browser editor. Canvas users create accounts, have the option to be anonymous and content can be archived. The site remains invite-only after a January beta launch, and Poole reportedly has had to restrict access due to outsize demand.
“We want to re-imagine what the modern message board would look like,” Poole recently told TechCrunch, explaining why he decided to develop a user community separate from the popular 4chan.”It’s less about the product and more about the community.”
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http://tinyurl.com/6xqyrv3 (TechCrunch)