Thursday, September 14, 2006

Site for Fido gets funding | CNET

Dogster, a San Francisco-based company that launched online dog- and cat-oriented communities in 2004, has secured its first round of funding.

The company, which said it has been profitable since mid-2005, announced on Wednesday $1 million in funding, which was led by Michael Parekh, the founder of Goldman Sachs' Internet research effort.

Other investors in the round include HotOrNot's Jim Young, SoftTech venture capitalist Jeff Clavier and Delicious founder Joshua Schacter, among others.

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