Ex-Googler's Mechanical Zoo To Launch With $750K Convertible Debt
This story was written by Joseph Weisenthal.
Mechanical Zoo, a social start-up started by some ex-Googlers, has raised $750k in convertible debt, as it preps for a beta launch, reported News.com. The unidentified angels (including former colleagues) have pledged another $1.25 million, but the company may go out for an institutional round. Nathan Stoll, ex-head of Google (NSDQ: GOOG) News, is a co-founder of the company, whose exact product remains a bit of a mystery. Heavily backed Cuill is another search project from ex-Googlers. And on the social networking side, FriendFeed has enjoyed an unending hype parade since its launch, as well as, apparently, significant adoption from the Twitterati.
By Joseph Weisenthal