fabulis, a social network for gay men, raises $625K in seed round

January 30, 2010 — Fusion DigiNet

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:  F231109-337
 
Business:  Fabulis
Web:  http://www.fabulis.com
Other Web Links: Blog
Location:  
Region:  North America
Business description:  From the Fabulis Blog, “fabulis is the social network that helps gay men connect with amazing experiences nearby and around the world.”
Category: Social Network
Contact:  Jason Goldberg, founder and CEO
 
Investors:  

  • fabulis’ founder and chief executive officer, Jason Goldberg
  • The Washington Post Company.  Previously invested in Goldberg’s prior company, socialmedian.
  • Allen Morgan, angel investor and Venture Partner at Mayfield Fund. Also invested in socialmedian and in Goldberg’s first startup, Jobster (now  operating as Recruiting.com)
  • Lars Hinrichs, angel investor at Cinco Capital.  Previously founder and CEO of XING AG, which acquired socialmedian in 2009.
  • Don Baer, Worldwide Vice Chairman of communications strategy firm Burson-Marsteller.  Investor in socialmedian.
  • Additional socialmedian investors.

    • Amount raised:  $625,000  
     
    Details:  fabulis has closed $625,000 of seed financing today. The funds will beused to launch fabulis in spring 2010 simultaneously on the web and on the iPhone

    Link:  Company Announcement

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