Web 2.0

Mobile

Advertising

Social Media

Web Design

Home » Polaris, Real-Time Web, Social Media, Web 2.0

Polaris is Excited to Back Formspring.me

Submitted by on March 23, 2010 – 11:40 am300 Comments

Yesterday, Formspring (http://www.formspring.me) announced a $2.5m Series A investment that was led by Baseline Ventures and FreeStyle Capital. Polaris is excited to also participate alongside a slew of terrific angel investors: Ron Conway’s SV Angels, Maples Investments, Chris Sacca’s Lowercase Capital, Kevin Rose, Travis Kalanick, Dave Morin and Scott Dorsey.



Formspring is a social Q&A platform that makes it very simple to ask questions and receive answers from targeted users. Through Facebook Connect and Twitter , answers arrive almost instantly; and thanks to Formspring’s large network, users and answers are highly targeted. The combination of:

- a simple user-experience
- a clear consumer impulse (questions / answers)
- that delivers immediate gratification
- in a viral and social way

… has translated into significant growth. Since their November 25th launch, Formspring now reaches over 44m users and had over 300m questions answered. For a taste of their size, search for Formpsring.me on Twitter … you will notice 100s of posts each minute:

Whether you are looking for creative direction or seeking input on a specific topic, I encourage you to give Formspring a spin.

More reading: VCMike: Why Polaris is Backing Formspring

300 Comments »