Formspring Garners $10,000,000 New Funding

  • Feed Type
  • Date
    11/19/2010
  • Company Name
    Formspring
  • Mailing Address
    6525 E. 82nd St Indianapolis, IN 46250
  • Company Description
    The Formspring.me product is still quite simple, enabling users to create a page inviting people to ask them anything, even anonymously. Wechsler said the company’s first priority is keeping up with infrastructure demands; it currently has some 200 quad-core servers and is adding more all the time.
  • Website
    http://www.formspring.me
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Undisclosed

Trending on Xconomy