Tag Archives: Digital Garage
Mobile Social Network Path Raises $8.5 Million
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.
Biz Stone Joins Digital Garage’s Board of Directors
Twitter co-founder Biz Stone is joining the board of directors at Digital Garage, a Twitter partner in Japan. Digital Garage started in 1995 and has incubated several large web brands. Stone will also be a mentor at Open Network Lab, a Digital Garage subsidiary that is similar to Y-Combinator. Other Digital Garage board members include Shawn Fanning, Tim O’Reilly, and Reid Hoffman. [TechCrunch]
Categories Biz Stone, Digital Garage, Open Network Lab, Twitter
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Through Investment Twitter Gets Two New Board Members, Bijan Sabet of Spark Capital and Jeff Bezos of Amazon.com
Bijan Sabet of Spark Capital and Jeff Bezos of Amazon.com, Inc. (NASDAQ:AMZN) have announced that they have joined Twitter’s Board. It was not revealed before today that Jeff Bezos was an investor in Twitter’s rumored $15 million third round of funding [GigaOm].
“Existing partners Union Square Ventures in New York City and Tokyo-based Digital Garage exercised their pro rata rights to participate in this round as well,” wrote Twitter founder, Evan Williams on the Twitter blog.
Twitter chose Bijan because he is a man that understands the direction of Twitter. Bijan is “super excited about the possibilities.” Bezos was selected because he is a seasoned veteran and because he is a source of inspiration for Twitter.
“Jeff’s attention to business process details and distinctive, ‘honk-like laugh’ are similarly admirable traits as far as we’re concerned,” added Williams.
Categories Amazon.com, Digital Garage, Spark Capital, Twitter, Union Square Ventures
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