I wrote some time ago about my involvement in Kaboodle, the company bringing social bookmarking to the masses - especially useful in the shopping, travel and research areas. Since the launch of the company, a lot of feedback has been gathered from the community of users, and many new features have been developed - including new search and sharing capabilities, a new home page, a Firefox extension which has made it on the Firefox recommended list, tagging, etc. Matt Marshall had a nice piece about the company in the San Jose Mercury News this week-end.
The purpose of Kaboodle has remained the same: provide an easy way to collect detailed information about items you are researching - across web sites and services, and then make a purchase (or any kind) of decision. I have seen my 8-year old son, my wife and my mother use and collaborate on the service in that context. The interesting development for me is the increased possibility of benefiting from other users' research and selections - as I am connected to them (in the social network sense) or as I discover their pages through keyword search or tag-based navigation.
Kaboodle is also announcing today the close of a $3.55 Series involving a number of prominent angels - including my friends Ron Conway, Rajeev Motwani and Georges Harik - as well as yours truly. It has been a pleasure to work with Manish Chandra and his team, and I look forward to a continued involvement as the company further develops.
- Press release announcing the Series A financing
- Manish Chandra's video interview with MarketWatch's Bambi Francisco