TeeBeeDee, an online experience network for 40+, announced that it has raised $4.8 million in Series A funding, led by Shasta Ventures and joined by Monitor Ventures. Currently in preview mode, the site is up for consumer launch in September.
“Funding TeeBeeDee mirrored the way our site actually works – a terrific network of investors formed our financial base. This allowed us to create a site that enables individuals to connect with each other and exchange experiences. We’re so pleased to have partners in TeeBeeDee who appreciate our fundamental belief: that midlife is a time for growth and provides a great starting line for whatever you want to make of the next phase, personally and professionally,” said Robin Wolaner, founder and CEO.
Previously the company had been backed by individuals, including noted investors Ron Conway and David Nierenberg; Jan Brandt, former vice chair and chief marketing officer of AOL; Jim Hornthal, founder of Preview Travel and former vice chairman of Travelocity.com; Ruth Owades, founder of Calyx & Corolla and Gardener’s Eden; and Bill Sahlman, senior associate dean of Harvard Business School.
Originally posted on August 7, 2007 @ 1:41 pm
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