] Sources inform Globes that Israeli start-up ] Huminity has raised $2-4 million, at a company value of ] $10 million, after money, in its first financing round. ] Sources close to the company said a leading Israeli ] venture capital fund, a US fund, and the CEO of one of ] the world's largest Internet companies participated in ] the round, which is close to completion. Huminity ] cofounders Oren Rossen and Nir Ben-Halevy declined to ] disclose details about the round. I still have yet to receive any feedback from _anyone_ about Huminity.. Is anyone out there still using MS? Anyone? Someone install this damn thing and tell me about its networking protocol.. ] Huminity, which develops Internet-based software tools ] to manage personal and professional networks, launched ] its first financing round when it had a working product with ] 400,000 customers worldwide. In recent months, the two ] entrepreneurs made progress on developing the software, ] which uses extremely low-cost open code. Rossen said they ] had personally invested $30,000 by the time they launched ] the first version. He added that the company's cash burn rate ] was $3,500 a month. The "extremely low-cost open code" they speak of appears to be something called Inxight Star Tree Studio.. Something else that I can't run right now. |