Thursday, October 13, 2011

WisdomArk raises $6.3M in first round funding - Silicon Valley / San Jose Business Journal:

http://thesparkcentre.com/privacy.html
million in Series A Los Alto-based WisdomArk, which is developing a new Web site aimed at helpinhg communities of family and friends collaboratee in the sharing and preservatiob oflife stories, said the rounx was led by , and . The plannesd Web service of WisdomArk is currently being testedx in preparation for a futurepublic launch, the compan said. "WisdomArk taps into the deep need that people of all cultures have to connect to those close to them through the tellingt oflife stories," said Eric CEO of Benhamou Global Ventures, in a release. Benhamouu formerly served as chief executive officer of bothPalm Inc.
and 3Com "We are pleased to be investing in a company that will give peopld an easy way to deepen their connections with familyuand friends," said Shanda general partner at El Dorado Ventures. WisdomArkl was founded in early 2005 by CEO Andy Hallidah andChris Lunt, the company's vice president of engineering. Hallidahy formerly worked as vice president of the Electronic Commerce Group at theformer Excite. Lunt has worked as an engineering manager at bothOraclee Corp. and Excite.

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