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Klout Raises $8.5 Million Funding

     
2:12 pm on Jan 10, 2011 (gmt 0)

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Klout Raises $8.5 Million Funding [klout.com]
Klout, the leader in online influence measurement, announced today that it has raised $8.5 million in a funding round led by the Kleiner Perkins Caufield & Byer (KPCB) sFundô and participation from Greycroft Partners. Prominent angel investors, including ff Asset Management, Paige Craig, Howard Lindzon, Thomas McInerney, Bobby Yazdani, and others, also participated in the round, which brings Kloutís funding to more than $10 million to date.

12:51 am on Jan 11, 2011 (gmt 0)

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What was that old quote, oh yeah... "VC's and their money are soon parted"

Maybe the site has some value, but it sure didn't look like it to me.

The upside is the VCs are spending again, time for a new startup!