Gather Announces New Equity Financing

Jun 12, 2009

Gather, a social network to make new friends and form new social circles, announced raising $5.3 million in equity financing. Major investors include Allen & Company, American Public Media, former CEO of Lotus Development Corporation Jim Manzi, former Hill Holiday CEO Jack Connors, Kevin McClatchy, Andrew Tobias, and the Gerace family. Previous investors in the company include Hearst, The McGraw-Hill Companies, and Southern California Public Radio.