Blippy raises $1.6M in seed round

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-328
 
Business:  Blippy
Web:  http://www.blippy.com    Twitter
Location:  USA, Palo Alto, CA
Region:  North America
Business description:  Social media “sharing” site for users to post and follow each other’s updates about their purchases of goods and services.
Category: Social Network
Contact 1:  Ashvin Kumar, Co-Founder, CEO
Contact 2:  Chris Estreich, Co-Founder, CTO
Contact 3:  Philip Kaplan, Co-Founder, President
 
Investors:  Investors include Charles River Ventures, Sequoia Capital, Ron Conway, Philip Kaplan, Evan Williams (Twitter CEO), Jason Calacanis (CEO Mahola), James Hong, and Ariel Poler.
 
Amount raised:  $1,600,000
 
Details:  Live since 14th January 2010 Bliipy is described as the “Twitter of personal finance” and is often compared with Twitter because it is based on that company’s open sharing model. The company has raised $1.6 million in its seed round.

Link:  WSJ blog

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