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Gagglescape tracks the flow of venture capital and angel investment in a global economy.
Web Infrastructure Heats Up
Metaweb Technologies, Inc., has just received $15 million of funding. Led by Benchmark Capital, other investors in the round included Millennium Technology Ventures and Omidyar Network. Formerly known as "Applied Minds" Metaweb is building new infrastructure tools for the web.Mr. Harvey of Benchmark Capital noted, "My partners and I are very excited to be working with the Metaweb team. This is a disruptive technology that puts a lot of power into the hands of individuals." Doug Solomon, vice president at Omidyar Network, Pierre Omidyar's mission-based investment group, said, "Metaweb enables individuals to pursue what matters most to them and dramatically expands their role in enhancing the value of online information."
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Posted by the editor on 03/14
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