Web 2.0 Startup Praized Media Inc. Secures $1,000,000 in Seed Funding
Posted by Sebastien on the 2007/09/18 at 09:53
in About, Blogs, FaceBook, Funding & Transactions, Praized Media -
Today is a special day. I’m very happy to announce that our company, Praized Media Inc., has received $1M in seed funding from Garage Ventures Technology Canada. Yes, Praized Media is much more than an industry blog and today, we lift some of the veil (just a bit) covering our stealth initiative. After spending the last year talking about local and social in public, we’ve now taken the plunge and are becoming full-time Internet entrepreneurs.
There’s not much we can tell today. I’ll let Harry’s quote in our press release do the talking: “Praized is a social media company developing software that connects blogs, social networks, and local search in ways never seen before, says CEO Harry Wakefield.” The company is currently operating in stealth mode and expects to launch its product in key target markets early next year. This investment is going to allow us to really grow this business”.
If you want to be part of the beta test, sign up for an invite on our home page.
And if you have what it takes to be our Lead Engineer (Ruby on Rails and much more), we want you on the team!
Finally, don’t worry if you’re an avid reader of the Praized blog, I will still be covering and offering my take on Local 2.0 in the future. It’s not going away!
BTW, if you want to follow the evolution of our company, we’ve created a “Fans of Praized Media” Facebook group that you can join.
September 18th, 2007 at 10:21
[…] Praized Goes from Blog to More Sebastien Provencher, formerly of Yellow Pages Group in Canada, and writer of the Praized blog, has secured $1 million in funding to launch his local startup. I don’t know more about it than the funding and the discussion in the release: […]
September 18th, 2007 at 01:02
I am intrigued! Congratulations Seb!
September 18th, 2007 at 01:03
Congratulations to you and your partners Sebastien! Your deep knowledge in both the local search and social networking spaces is clearly evident. I have no doubt of your success.
September 18th, 2007 at 03:06
Sebastien–Congratulations. You’re on your way, and it’ll be fascinating to see how it plays out for you and Praized blog. Good luck.
Mark Ivey
September 18th, 2007 at 08:54
congrats! make us something special.
September 24th, 2007 at 04:32
[…] Among others to cover DDC, was Sebastien Provencher who also announced last week that he has received a first round of funding from Garage Technology Ventures to build a social utility aroundindustry blog. Little else is known about the stealth mode venture, except that it will facilitate social connections around blogs and other online tools. His DDC coverage can be found here. Blog: Global Yellow Pages, Local Media Blog, Conferences Posted by: Mike Boland at 2:06 pm- […]
September 28th, 2007 at 01:43
[…] Praized qui a eu du financement de 1 millions de dollars. Ça semble être un assez bizarre de hasard puisque c’est la somme exacte que Dr. Evil demande en rançon pour ne pas détruire le monde. […]
September 30th, 2007 at 08:47
“Yulbiz September 2007 was another classic meeting of business bloggers.
The “incontournable” networking event, as one participant put it to me, saw some fresh faces and also some familiar ones my regular readers will have seen before.
[…]
Read the full post to find out about the other fascinating people I met and spoke with, including one awesome entrepreneur who’s just raised $1M in VC funding (Round 1)!”
October 4th, 2007 at 12:38
[…] We have been talking about some video stuff fro Praized for a long time, way before the company was funded (earliest memory was at the first 45Nord meeting in Quebec city). My first reaction when I looked today at Loïc’s take on his new startup - YouTube - Day 1 - was : this is exactly the right tone. Uncanny, lots of truthiness, tongue-in-cheek but you-know-what-this-is-going-to-be-great gutso in there. […]