Friday, October 12, 2007

MyLifeBrand received $750,000 in seed money

What Company is About:

MyLifeBrand, the recently launched social network that offers a private label solution as well as several other tools for online community-building.

How It Works:
This particular social networking tool has cast a particularly large net, covering several bases and many aspects of online social networking. It’s got a profile aggregation tool, a group-formation tool, private label options and more. In this way, it looks to appeal to individuals that already have existing profiles on other networks, those that would like to create their own network, businesses that are looking to offer an online group for networking purposes, and businesses that would like to incorporate social networking modules into their existing website.
How Much The Got From VCs:
They received $750,000 in seed money from an undisclosed source.EVP Dan Scalisi discussed the funding in an interview with socalTech.com and said the company is also pursuing a new round for an unspecified amount.
From the web-based service to the software service, MyLifeBrand has started out this year with a very ambitious goal. Shortly after its launch late this summer, MyLifeBrand teamed up with the Utah Jazz to offer a branded social network for team fans.
More at:http://www.mylifebrand.com/

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