HiveLive Takes in $1.15 Million Investment

Amit Chowdhry | Wednesday November 1, 2006 | 208 Views |
Categorized under , Aeneas Ventures, Funding, HiveLive

HiveLive LogoInvitation-only, Colorado based HiveLive has raised $1.15 million in funds led by Aeneas Ventures. The purpose of HiveLive is to make information easier to access on the Internet by the use of notes, bookmarks, and other tools.

As described by Mashable, “HiveLive has around 4500 members and remains in private beta - it brands itself as a “’social information manager.’” Users can select “hives” or blog types and decide what group to belong to such as music groups or recipe groups. “Hives” can be public or private.

I tried searching for Aeneas Ventures on Google, but couldn’t find a website. The closest thing I could find was a description of Aeneid, a Trojan that travelled to Italy on Wikipedia. “There, his mother Venus, in the form of a hunting woman very similar to the goddess Diana, encouraged him and told him the history of the city. Eventually, Aeneas ventures in, and in the temple of Juno, seeks and gains the favor of Dido, queen of Carthage, the city which has only recently been founded by refugees from Tyre and which will later become Rome’s greatest enemy.”

If HiveLive takes off and makes Aeneas a return-on-investment, I’m sure we would hear more from them. Once HiveLive opens up their services for everyone or if I somehow get an invitation to their services, I’ll make sure to write a review on it.



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