Redux Raises $6.5 Million For Being A Friend-Finding Social Network

Posted Apr 7, 2008

Redux is a social network company based in Berkeley, Calif. VentureBeat just wrote that the company has raised $6.5 million from Alsop Louie Partners and Draper Fisher Jurvetson. Redux’s first round of funding was provided by Alsop Louie Partners and Peter Thiel. Thiel is an early investor in Facebook and PayPal co-founder.

Redux was started by Darian Sharazi. Darian used to work for Facebook and also started Fotodunk, a mobile photo-sharing company. Redux has an algorithm that helps people find others with similar interests. Redux allows users to chat on all pages and exchange media.

Below is a video from DEMO.com of Darian presenting Redux: