Wednesday, April 13

Del.icio.us recieves VC funding

I love it when people make announcements on mailing lists.

From: [delicious-discuss] more on the announcement

"As you may know, I left my job a few weeks ago in order to devote myself full-time to del.icio.us. In order to make that posssible, I accepted an investment from a group of thoughtful and influential investors. The group I chose to work with understands my commitment to maintaining the integrity of the service and the security of your data. They were also willing to take a minority stake, which will keep me in control of the future of del.icio.us.

Union Square Ventures leads the investment group, and the other members are Amazon.com, Marc Andreessen, BV Capital, Esther Dyson, Seth Goldstein, Josh Koppelman, Howard Morgan, Tim O'Reilly, and Bob Young.

I'm very excited about this opportunity to focus on del.icio.us and put together a team to help me grow the service. My first priority is improving reliability and responsiveness, with new features following soon.

-j

-- joshua schachter
joshua at burri.to
http://del.icio.us

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