DFJ Shares $15 Million With ShareThis

ShareThis Logo
“I view our major competition as copy and paste,” stated Tim Schigel, CEO of ShareThis.

ShareThis is a tool for web browsers to share the web sites with social communities around the web.  The company is led by Tim Schigel as the CEO, who spent the last 10 years investing in technology companies through Blue Chip Venture Company.  ShareThis released their popular button on November 7, 2007.  Since then they have been generating over 100 million page views and 26 million unique users per month.

Draper Fisher Jurvetson announced yesterday that they have plugged in $15 million Series B in ShareThis.  ShareThis’ headquarters are located in Cincinnati, OH and has offices in San Francisco, Calif.  ShareThis’ Series A was $6 million provided by Illinois Ventures and Blue Chip Ventures. 

ShareThis allows users to submit stories to social networks like Reddit and Facebook.  And now that MySpace has recently opened up their APIs, users can now submit stories through ShareThis onto their MySpace profiles.

[Information Source: Wired]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at

DFJ Shares $15 Million With ShareThis Comments

  1. Amit Elhanan says:

    Amit, can you explain to me the differenced between “sharethis” and “addthis” they both seem to be buttons you add to your posts so that users can add/share the post to bookmarking sites and such. Maybe it is different and I just have not been reading all the news about it!!

  2. Amit Chowdhry says:

    Sup Amit,
    I believe AddThis is used more for bookmarking and ShareThis is used more for sending to friends or social networks.

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