Sphere Team Raises Money From Aol Ventures, True Ventures And Others For New Stealth Startup

One of the founders, Tony Conrad, and several of the investors behind Aol-acquired Sphere are starting their next company. Conrad is joined by Co-Founder Tim Young who is also the CEO/ Founder of Socialcast.

The angel round includes Aol Ventures, True Ventures (Conrad is a partner there), Ron Conway, Scott Kurnit, Founders Collective, Radar Partners (Doug Mackenzie & Kevin Compton) and David Mahoney.

There isn’t much more to say for now until at least some details leak about what the project is about. Sphere, now called Surphace, was bought by Aol in 2008 for around $25 million.

Since there’s no logo, we’re grabbing one from the popular horror movie of the same name. I hope the startup has a happier ending than the movie.