Wishpot grabs $1 Million in Venture Capital
Wishpot, seen in the previous post at the bottom of the social shopping barrel, has secured $1 Million in it’s first large financing round.
As mentioned in the press release:
"Wishpot is planning to use the funds to further enhance its vertical offerings, improve the Wishpot platform, increase the business development activities, and introduce business analytics for enterprise customers of the platform."
From a conceptual point of view, Wishpot’s strong user focus makes it definitely one of the better social shopping sites. But when will Wishpot go beyond wedding lists?
More interesting than the website itself are the connections of Wishpot’s investors. Besides Wishpot in Curious Office’s portfolio is amongst others, Imagekind, Shelfari and Coolspotters. Italy’s H-Farm is amongst others a shareholder of Zooppa.
Wishpot has been operating a Facebook application of the same name since August 2007. The application has also up till now generated rather lackluster popularity.
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Originally posted in German by Jochen Krisch, translated by Jason Soo.
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