Following a marathon effort, I’m delighted to announce that we’ve closed Webvanta’s Series A financing. It’s very exciting, and quite a relief, to have this behind us and to be able to really focus on growing the company in 2010.
It was 10 years ago last week that the idea for PhotoTablet came to me—an Internet tablet that takes care of your pictures. The day that name came to mind, I bought the domain and started writing a business plan.
It’s been a long time since I’ve posted here, so I thought I’d at least give a brief update.
I’ve recently been helping my sister put together an online store, using Volusion. It has been eye-opening how complex they make it and how clunky this system is. This is a product that is ripe for being replaced with something a lot cleaner.
Today we reached an important milestone in the short history of Webvanta—we closed the next phase of our financing. We now have the capital we need to take our platform to the next level.
After an amazing year of effort, I’m thrilled to report that the Webvanta beta is now live! Sign up for a free trial on the site and let me know what you think.
The financial meltdown of the past two weeks has been scary to watch. The New York Times has a nicely done interactive graphic of the stock market decline that puts it in the perspective of previous market collapses.
I’m really excited to be heading to Startup Camp toward the end of this week. This is a gathering of folks from seven startups, plus a dozen or so startup veterans, investors, and advisors, to talk about making our ventures successful. I feel really fortunate that my startup, Collective Knowledge Works, was chosen from the more than 80 companies that submitted applications.