Oodle Shows Decent Growth, Adds $5.6 Million More To Its War Chest
Its investors seem to agree, as they have just injected more capital in Oodle: Greylock Partners, JAFCO Ventures and Redpoint Ventures are adding another $5.6 million to the startup’s war chest, bringing the total amount invested in the company to $21.6 million.
Oodle is already powering the classified listings for MySpace, and the roll-out for the Facebook Platform is supposed to start this quarter, effectively replacing an in-house solution (Facebook Marketplace) in favor of a product developed by an outside company, as Facebook CEO Mark Zuckerberg explained in a recent interview with Michael Arrington.