RiverWired raises $1.5M seed for eco-friendly news and social site
March 15, 2008 | Chris Morrison
Niche social networks for the most part haven’t done spectacularly well, but RiverWired is willing to give it another shot with an environmentally aware social site that’s heavy on original content.
The site, open in a public beta, features news, lifestyle tips, blogs and some video, all of which makes it look more like a newspaper’s homepage at first glance. While all the content is available to anyone, there is also a member’s area with social networking tools.
The $1.5 million seed funding was provided by undisclosed angel investors. RiverWired is based in New York.
Tags: co:riverwired, deal
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.
