Web 2.0 Startup Praized Media Inc. Secures $1,000,000 in Seed Funding

Today is a special day. I’m very happy to announce that our company, Praized Media Inc., has received $1M in seed funding from Garage Ventures Technology Canada. Yes, Praized Media is much more than an industry blog and today, we lift some of the veil (just a bit) covering our stealth initiative. After spending the last year talking about local and social in public, we’ve now taken the plunge and are becoming full-time Internet entrepreneurs.

There’s not much we can tell today. I’ll let Harry’s quote in our press release do the talking: “Praized is a social media company developing software that connects blogs, social networks, and local search in ways never seen before, says CEO Harry Wakefield.” The company is currently operating in stealth mode and expects to launch its product in key target markets early next year. This investment is going to allow us to really grow this business”.

If you want to be part of the beta test, sign up for an invite on our home page.

And if you have what it takes to be our Lead Engineer (Ruby on Rails and much more), we want you on the team!

Finally, don’t worry if you’re an avid reader of the Praized blog, I will still be covering and offering my take on Local 2.0 in the future. It’s not going away!

BTW, if you want to follow the evolution of our company, we’ve created a “Fans of Praized Media” Facebook group that you can join.

18 thoughts on “Web 2.0 Startup Praized Media Inc. Secures $1,000,000 in Seed Funding

  1. Congratulations to you and your partners Sebastien! Your deep knowledge in both the local search and social networking spaces is clearly evident. I have no doubt of your success.

  2. Congratulations to you and your partners Sebastien! Your deep knowledge in both the local search and social networking spaces is clearly evident. I have no doubt of your success.

  3. “Yulbiz September 2007 was another classic meeting of business bloggers.

    The “incontournable” networking event, as one participant put it to me, saw some fresh faces and also some familiar ones my regular readers will have seen before.
    […]

    Read the full post to find out about the other fascinating people I met and spoke with, including one awesome entrepreneur who’s just raised $1M in VC funding (Round 1)!”

  4. “Yulbiz September 2007 was another classic meeting of business bloggers.

    The “incontournable” networking event, as one participant put it to me, saw some fresh faces and also some familiar ones my regular readers will have seen before.
    […]

    Read the full post to find out about the other fascinating people I met and spoke with, including one awesome entrepreneur who’s just raised $1M in VC funding (Round 1)!”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s