Grou.ps, in which I am a happy angel investor, has just announced a new tranche of financing from Golden Horn Ventures to help fund its explosive growth. Grou.ps founder and CEO Emre Sokullu has been hitting all of his milestones since Grou.ps's Series A about a year ago. This kind of growth is expensive and this new chunk of capital will allow Emre to focus on monetization opportunities, including tools for moderators to charge for their networks.
Congratulations Emre and the GHV team.
PS. This is also reported by Webrazzi in Turkish.
Grou.ps is fulfilling a nice niche but the user experience is still poor. Hope Emre could improve it fast.
Batu
Posted by: Batu | July 03, 2009 at 04:06 PM