Multiply closes first funding round

Next Story

Zooomr Being Courted

Online social network Multiply has closed a Series A funding round with $5 million from Transcosmos and $1 million from the company’s founders. Multiply is a service that filters all networking functions, from highlighted users to visible tag clouds, through a proximity filter with a slider. In other words, users determine whether they want to view information about people just on their contacts list, who are friends of a friend, etc. As new social networking sites go, I’d say this one has pretty fair odds of surviving.

Since launching in March 2004, the system has nearly 3 million registered users and recently expanded with a localized version for Japan. The company says it will use the new funds to expand features, functionality, marketing and international presence. With so many social networking sites on the web, marketing is going to be essential.

Founder and President Peter Pezaris was previously CBS SportsLine.com’s President of Operations and Product Development and oversaw operations of nfl.com, pgatour.com and cbs.sportsline.com. Transcosmos adds Multiply to a portfolio that includes Ask/Bloglines, RealNetworks, Hipcast/Audioblog, Pheedo, Edgio and others.

Multiply aims to be distinct by focusing closely on limiting interactions to people who are already connected to each other. Beyond that, though, the system has a number of interesting features like Ajax message boards and a forum organized by user attention in addition to thread update currency. The message boards display new comments on the screen of each party in a conversation in near real time and the forum will prioritize threads by whether a user has read them before – so a thread isn’t brought to the top of your view of the forum just because one of only two people who care about it has made a new post. There’s RSS all over the site and it’s got a nice feel to it.

If the new funding gets leveraged well, Multiply may be able to grab a bigger piece of the social networking pie.

  • http://tomuse.com Kevin

    Google should do really well in this sector given their low cost patented servers. Should provide great reliability and low cost to enterprise customers.

  • mlover

    Suprising to see the GOOG follow MS on this one. Azure introduced the federation gateway, services connector, etc at launch.

    • Tientien Li

      Google SDC provides an encrypted data tunnel between enterprises and Google while Microsoft federation gateway/services connector is only for exchanging identity/security information not for accessing general data. But I’m sure MS will have Azure’s version of SDC soon.

  • toscomor
  • yx

    looking for some guy online and for the tall singles ! you

    can try the dating site called *************tallmeet …COM

    ……. there are many tall persons gathered ! it is

    absolutey good !

  • http://www.facebook.com/people/Tweet_Feeds/1467135579 Tweet Feeds

    there are no clear leaders in the cloud computing space. Someone needs to change that. All the little enterprises will follow one provider when this becomes popular

  • http://vanna-2000.ru/ Mpochva

    MESSAGE

  • http://www.freeonlinevideopokergames.net FreeOnlineVideoPokerGames

    thanks for the message Mpochva

  • http://jp.techcrunch.com/archives/20090408sdc-will-strengthen-googles-position-in-the-enterprise-cloud/ Google、SDCサポートでセキュリティー強化―エンタープライズクラウドに朗報

    […] 続きはtechcrunchitで〔英文〕» […]

  • http://www.johnmwillis.com/other/botchagalupemarks-for-april-9th-0815/ BotchagalupeMarks for April 9th - 08:15 | IT Management and Cloud Blog

    […] SDC Will Strengthen Google’s Position In The Enterprise Cloud – SDC is built around having an agent inside the firewall, which connects to servers inside of Google. This gives Google servers policy-controlled access to data businesses have chosen to expose. Basically, SDC allows secure access to data behind firewall for use in cloud based apps hosted on App Engine. […]

  • http://www.redmonk.com/cote/2009/04/10/links-for-april-9th-2/ People Over Process » Links for April 9th

    […] SDC Will Strengthen Google’s Position In The Enterprise Cloud […]

  • http://www.fiestahendersonhotelcasino.net/ FiestaHendersonHotelCasino

    The security is a high value, and Google knows…

  • http://www.techcrunchit.com/2009/05/01/googles-enterprise-strategy-may-be-solid-after-all/ Google’s Enterprise Strategy May Be Solid After All

    […] way that Google is strengthening its place in the enterprise cloud is through the company’s recent plan (unveiled at Google Campfire) to enhance Google Apps security by adding a Secure Data Connector […]

  • http://shankarsoma.wordpress.com/2009/05/02/google%e2%80%99s-enterprise-strategy-may-be-solid/ Google’s Enterprise Strategy May Be Solid! « shankarsoma; Change the View

    […] way that Google is strengthening its place in the enterprise cloud is through the company’s recent plan (unveiled at Google Campfire) to enhance Google Apps security by adding a Secure Data Connector […]

  • http://inkandvirtue.com/2009/05/03/google%e2%80%99s-enterprise-strategy-may-be-solid-after-all/ Google’s Enterprise Strategy May Be Solid After All | Ink and Virtue

    […] way that Google is strengthening its place in the enterprise cloud is through the company’s recent plan (unveiled at Google Campfire) to enhance Google Apps security by adding a Secure Data Connector […]

  • http://frontofficebox.com/2009/06/16/why-less-crm-is-more-value/ Why Less CRM Is More Value | Front Office Box

    […] SDC Will Strengthen Google’s Position In The Enterprise Cloud (techcrunchit.com) […]

  • http://www.frontofficebox.net/?p=1844 Why Less CRM is More Value – Front Office Box

    […] SDC Will Strengthen Google’s Position In The Enterprise Cloud (techcrunchit.com) […]

  • http://vanna-dream.ru vanna-dream

    This is a bad news for bad site promoters:)

blog comments powered by Disqus