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July 31, 2013 03:01 am GMT
The U.K.'s Streetlife.com, a local social network that lets residents connect and converse with their neighbours and foster a stronger sense of community, has raised 600,000 in a new round of funding.The investment comes from existing backer Archant Digital Ventures, the incubator and investment arm of regional U.K. media company Archant, and new investor Shohet & Cie. The additional capital is said to be used to give Streetlife a marketing push, rolling out the brand across more of the U.K., and in what looks like a case of stepping on the gas, the startup says it plans to raise a further 3 million by year's end, with the aim to "capture the U.K. market".
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ikSjg2I57AY/
Streetlife, The U.K. Local Social Network, Raises Further 600K From Archant Digital Ventures, Shohet & Cie
The U.K.'s Streetlife.com, a local social network that lets residents connect and converse with their neighbours and foster a stronger sense of community, has raised 600,000 in a new round of funding.The investment comes from existing backer Archant Digital Ventures, the incubator and investment arm of regional U.K. media company Archant, and new investor Shohet & Cie. The additional capital is said to be used to give Streetlife a marketing push, rolling out the brand across more of the U.K., and in what looks like a case of stepping on the gas, the startup says it plans to raise a further 3 million by year's end, with the aim to "capture the U.K. market".Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ikSjg2I57AY/
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