MOLI is a social network that promises to give users (both individuals and businesses) more control over their social network profile — by letting them create multiple MOLI profiles.
The company envisions you creating one profile for interacting with your friends, another for your coworkers. So in some sense it’s trying to be a competitor to both Facebook or Myspace for social relationships and LinkedIn for business networking.
Moli lets you manage these profiles from a central place, as well as do things like add videos, or RSS feeds.
Molis is the core subsidiary of a media company called Mainstream Holdings, Inc., which has both an unusual list of high-profile backers and a ridiculous amount of funding. Mainstream Holdings is founded, in part funded, and run by Christo M. Cotsakos, the former chief executive of E*TRADE.
The company, based in West Palm Beach, Florida, has just raised $29.6 million, bringing the total amount raised so far to a whopping $55.6 million. Three of its many private investors will join the board. They include Bernard Marcus and Kenneth G. Langone, co-founders of HomeDepot and Steven D. Holzman, Managing Member of Vantis Capital Management.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.