CafeMom, a NYC-based social net for mothers, has raised a $12 million second from from past investors Highland Capital Partners and Draper Fisher Jurvetson. The company raised $5 million last August, bringing its funding to $17 million. The company claims that on “engagement metrics” it has passed other established womens’ sites. It also competes with sites trying to positions themselves as social nets for adults, including mom-focused Maya’s Mom, which was bought by JNJ’s BabyCenter. With the funding, the company says it plans, vaguely, to accelerate growth.
Published by Reinout te Brake
Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry. Check out his games podcast; https://www.game-consultant.com View more posts