Social group web services company Grou.ps raises $1.1M

June 29, 2008 | Matt Marshall
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Grou.ps, a San Francisco start-up that lets you build a social web applications site and run it yourself, has raised $1.1 million in financing. The site includes ways to add wikis, social networking-style user profiles and other features that help groups of people easily share information.

The round was led by Golden Horn Ventures. In fact, we mentioned Golden Horn’s backing when we wrote about the company back in April.

Grou.ps will also now be open-sourcing a restricted version of its code, with a view to spreading its collaboration tools. Grou.ps has about 200,000 active users worldwide, it says.

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About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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