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May 26, 2011 09:57 pm GMT

A Year After Diaspora, Another "Facebook Alternative"  Emerges: Altly

It was almost exactly a year ago that Diaspora started raising money on Kickstarter. A few weeks later, they had raised $200,000 from nearly 6,500 backers. Why so much excitement? Because Diaspora was aiming to be a Facebook alternative. That hasn't exactly worked out. At least not yet. But now another startup is about to give it a go, Altly.So why will this one be any different than Diasopra? Well, for one thing, it's being started by a pretty well-known entrepreneur. Dmitry Shapiro, the founder of Veoh, is also the one behind Altly. While Veoh didn't end so well (a firesale acquisition after raising nearly $70 million), they were once a very hot property in the online video space.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jVIyvAnkhEw/

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