StatusNet Raises New Round of Investment Led by FirstMark Capital

Aug 05, 2010

Open source microblogging developer StatusNet Inc. scored some new investors in a funding round led by FirstMark Capital, along with BOLDstart Ventures, iNovia Capital, and Montreal Start Up. FirstMark venture partner and angel investor Scott Switzer will also be joining the StatusNet board.

According to the company, the funding will be used to further development of dedicated desktop and mobile tools for its microblogging service. This latest round of funding brings StatusNet's total investments to date to $2.3 million.