Delicious founder raises $3M to put “the useful back in social software”

If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.

joshua schachterJoshua Schachter, the founder of social bookmarking startup Delicious, is working on a stealthy startup called Tasty Labs, and the company just raised $3 million in funding from two big-name firms — Union Square Ventures and Andreessen Horowitz.

Schachter left Google in June (he sold Delicious to Yahoo back in 2005), and his new company came to light earlier this month. Union Square’s Albert Wenger (formerly president at Delicious) announced today that he has invested in the company, along with Andreessen Horowitz and a group of angel investors. A filing with the Securities and Exchange Commission revealed that funding round totaled $3 million, and that Wenger has joined the Tasty Labs’ board of directors.

So what does Tasty Labs do? Wenger isn’t saying, and the Los Altos, Calif. company’s website isn’t saying much either. The website says that it won’t offer pet food reviews, won’t create open source operating systems for unmanned aerial vehicles, won’t be a marketplace for used satellites, and that it aims to put “the useful back in social software.”

Hopefully, we’ll find out what actually means soon.


VB’s research team is studying mobile user acquisition: Chime in here, and we’ll share the results.