Mobile Social Network Path Raises $8.5 Million
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Path is a San Francisco based mobile social networking company that has raised $8.5 million in funding led by Kleiner Perkins and Index Ventures. Digital Garage and First Round Capital also participated in this round. Chi-Hua Chien of Kleiner and Mike Volpi of Index will join the board of directors. This brings Path to a total of $11.2 million in funding. Path used to be completely private where people could only post pictures and videos to friends. These files could not be shared on Twitter or Facebook. Now people can e-mail photos and videos to contacts through the app. Path is currently working on building an Android app.