Flock Brings In $15 Million To Enhance Social Network Browsing

Posted May 23, 2008

“We are thrilled to close this significant round of financing,” stated Shawn Hardin, CEO of Flock. “Following the tremendous market response to Flockâ??s commercial release, this new funding will enable us to continue our browser innovation â?? making engagement and participation across social networks and the Web as effortless as consumption.”

Flock is an open source social networking browser built around other open source layout engines.  Flock was created using Javascript, DOM, XUL, and XPCOM.  Yesterday Flock announced that they have raised $15 million in Series D funding.  The funding was provided by Fidelity Ventures, Bessemer Ventures, Catamount Ventures, and Shasta Ventures. 

With the new round of funding, Flock plans to expand business for R&D, marketing, and expansion.  Flock stated that this round of funding was higher than prior investments and that revenue has risen 400% since Jan. 2008.  And Flock’s user base increased by 250% since Jan. 2008.

Information Source:
[1] Flock Press Release