Mar 6th New Funding, What’s Ahead
We’re happy to announce our latest round of funding from True Ventures, led by Toni Schneider in January of this year. We’re extremely fortunate to have a group of people with such a deep understanding of the needs of an early-stage start-up on board with us at BackType, supporting the vision and direction of our company. With their investment, True Ventures join Y Combinator who funded us back in June, 2008. This marks a significant milestone for us; we’d like to thank you (all our users) for helping us get where we are today.
What’s Next
Since we launched in late August, 2008, we’ve been very focused on providing the best tools for publishers and comment authors to find, follow and share comments whether they appear on blogs or any other social media. Not only have we drastically improved our support and scale, we’ve developed lots of new features, most notably BackType Alerts, BackType Subscriptions and the recent BackType Connect. We built these tools to help you participate in the conversations that you’re interested in.
Today, online conversations matter more – they are an integral part of online behavior, rich with people’s thoughts, intentions and insights, and they happen in real-time. While an individual comment may not seem incredibly valuable, when you look at millions in aggregate there’s the potential to unlock all kinds of new and interesting applications. That’s what BackType is all about.
Stay tuned – we have a lot more to offer.
True Ventures is a venture capital firm based in Silicon Valley with over $350 million under management. They’ve made investments in Meebo, Sphere (Acquired by AOL), Automattic (creators of Wordpress), and many more
Tags: backtype, conversational search, true ventures, y combinator
