Friday, March 14, 2008

ShareThis is the easiest way to share things online raised $15 million in Series B funding

What Company Is Offering:
ShareThis is the easiest way to share things online. ShareThis imports address books so that anything can be shared immediately, without even leaving a webpage. It is the most comprehensive way to easily and spontaneously send, post, bookmark, rate, recommend and tag online content. ShareThis is also the preferred sharing option across leading blogging platforms including Blogger, WordPress, and TypePad.

ShareThis has already demonstrated impressive usage with adoption of the ShareThis button growing at over 50% each month. While ShareThis already offers unparalleled integration with the leading social networks, email, IM, and mobile, the new investment will now allow ShareThis to accelerate the roll-out of new services to the thousands of publishers who deploy the ShareThis button on their sites. The company will also increase the number of social media services across which it allows consumers to share content and will extend the media platforms across which content can be distributed across.

How Much They Got From VCs:

ShareThis, a San Francisco-based provider of online content sharing solutions, has raised $15 million in Series B funding led by Draper Fisher Jurvetson. The company had raised a $6 million Series A round last year from firms like Blue Chip Venture Co., Illinois Ventures, DFJ Mercury, Queen City Angels and RPM Ventures. ShareThis CEO Tim Schigel previously was a venture capitalist with Blue Chip.

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