11/01/2006
eSnips has closed $2 million funding round from Greylock and Gemini Israel Funds
Social content sharing company eSnips has closed $2 million funding round from Greylock Partners and Gemini Israel Funds. With nearly one million registered users worldwide, the additional funds will enable eSnips to accelerate product development and market expansion.
eSnips drives people to share, socialize, sell and promote their tastes, hobbies, interests, creative work live online. The service has been gaining more recognition as a key player in the social sharing space, particularly for allowing users to share every file type, including, videos, audio, PDFs, and links.
“The demand for the kind of service and community that eSnips is providing is evident by its significantly high user base of its product,” said Daniel Cohen, partner at Gemini Israel Funds. “eSnips appeals to a more mainstream audience, which is a growing need as social sharing sites start to become as ubiquitous as email.”
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21:40 Posted in Social Content Sharing | Permalink | Comments (0) | Email this | Tags: Social content sharing, eSnips, Greylock Partners, Gemini Israel Funds