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Friday, December 19, 2008

VC Money Flowing Again

It only took a couple of months; VC money is flowing again.  We at Kosmix, of course, just got $20 Million.  And now San Francisco-based Scribd has announced a $9 Million round of funding from Charles River Ventures, Redpoint Ventures, and Kinsey Hills Group. 

I like Scribd, so I'm glad they're going to be around.  Essentially, the site lets you upload and share documents online.  I work in a remotely spread out team (Mountain View, New York, Oakland, Los Angeles, San Francisco), so Scribd is something we should be using at work too.

Former Bebo COO George Consagra (no, not the guy from Seinfeld) has joined Scribd as its president.  So they're getting serious.

scribd

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