Post by TheGreatGadabout on Apr 7, 2014 16:49:40 GMT
Path is a social networking-enabled photo sharing and messaging service for mobile devices, launched in November 2010. The service allows users to share with their close friends and family up to a total of 150 contacts.
Dave Morin, co-founder and CEO, says: "Our long-term grand vision here is to build a network that is very high quality and that people feel comfortable contributing to at any time."
The company began with an iPhone application and a website, and later released apps for Android, iPad, and Windows Phone. The company competes with other social networks such as Instagram.
Based in San Francisco, California, the company was founded by Shawn Fanning and former Facebook executive Dave Morin. Path's initial $2.5 million funding round included Ron Conway, Index Ventures, First Round Capital, Ashton Kutcher, Kevin Rose, Marc Benioff, Chris Kelly, and others. It subsequently raised $30 million in venture capital from Redpoint Ventures. On January 11, 2014, the company announced it had raised another $25 million in venture funding from Indonesian Bakrie Group, Kleiner Perkins Caufield & Byers, Index Ventures, Greylock Partners, Insight Venture Partners, Redpoint Ventures, and First Round Capital.
Indonesia is the world's largest Path users with more than 4 millions users.
Check out Path www.Path.com
Dave Morin, co-founder and CEO, says: "Our long-term grand vision here is to build a network that is very high quality and that people feel comfortable contributing to at any time."
The company began with an iPhone application and a website, and later released apps for Android, iPad, and Windows Phone. The company competes with other social networks such as Instagram.
Based in San Francisco, California, the company was founded by Shawn Fanning and former Facebook executive Dave Morin. Path's initial $2.5 million funding round included Ron Conway, Index Ventures, First Round Capital, Ashton Kutcher, Kevin Rose, Marc Benioff, Chris Kelly, and others. It subsequently raised $30 million in venture capital from Redpoint Ventures. On January 11, 2014, the company announced it had raised another $25 million in venture funding from Indonesian Bakrie Group, Kleiner Perkins Caufield & Byers, Index Ventures, Greylock Partners, Insight Venture Partners, Redpoint Ventures, and First Round Capital.
Indonesia is the world's largest Path users with more than 4 millions users.
Check out Path www.Path.com
