Formspring Garners $10,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1788304-8d36-4794-8445-7dd173016b02&Preview=1 - Date
11/19/2010 - Company Name
Formspring - Mailing Address
6525 E. 82nd St Indianapolis, IN 46250 - Company Description
The Formspring.me product is still quite simple, enabling users to create a page inviting people to ask them anything, even anonymously. Wechsler said the company’s first priority is keeping up with infrastructure demands; it currently has some 200 quad-core servers and is adding more all the time. - Website
http://www.formspring.me - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
Redpoint Ventures - Venture Investor
Undisclosed
