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EveryScape, Inc., creator of “The Real World Online,” recently announced that
it has secured $7 million in Series B venture capital financing. The Venture
Capital Funding was led by new investor Dace Ventures, the Series B round also
includes existing investors Draper Fisher Jurvetson, Draper Fisher New England,
Draper Atlantic and LaunchPad Venture Group. EveryScape will use the financing
to grow its sales force, accelerate new city launches and fuel new community
features.
“Dace is consistently looking for the next wave of innovation in the Web 2.0
space coupled with passionate entrepreneurs that can bring cutting-edge
technology to market,” said Dave Andonian, managing partner at Dace Ventures.
“EveryScape’s stellar management team has the potential to fundamentally change
the way we explore cities, towns and businesses online by truly replicating the
real world experience. We are impressed with their ability to navigate the
marketplace effectively with their scalable and differentiated approach and look
forward to working with them in this exciting space.”
“When we launched our first demo of San Francisco’s Union Square last May,
we announced our intention to launch 10 destinations by the end of 2007. We’ve
met that aggressive goal and exceeded it with overwhelming interest from local
businesses to become part of EveryScape’s Real World Online,” said Jim
Schoonmaker, EveryScape’s CEO. “We’re thrilled to be working with Dace Ventures
and look forward to leveraging their digital media and consumer marketing acumen
to extend EveryScape’s technology leadership as we execute an aggressive growth
strategy for 2008 and beyond.”
Bridging the gap between the physical world and the virtual one, EveryScape
has created a visual and interactive platform for local search. With EveryScape,
users can walk down city streets and explore the interiors of local buildings,
landmarks and businesses. By replicating the real-world experience, EveryScape
lets people visually explore a digital replica of a destination.
The Real World Online (www.everyscape.com) includes major
metropolitan areas such as Miami, Boston and New York as well as travel
destination hotspots like and Aspen, Breckenridge and Snowmass and Laguna Beach.
EveryScape plans to launch at least four additional major U.S. cities over the
next few weeks.
EveryScape, Inc. is creating The Real World Online through a visual platform
for local search that creates a virtual experience of all metropolitan, suburban
and rural areas. EveryScape will ultimately let users share their stories and
opinions about real-life daily experiences against a backdrop ranging from
streets and cities, communities, restaurants, schools, real estate and the like.
Leveraging its patented HyperMedia Technology Platform™, EveryScape is using a
simple, highly scalable approach that allows the company to tap into local
communities and users in building out the online world. EveryScape was founded
in 2002 and is headquartered in Waltham, Massachusetts. The company is venture
backed by Draper Fisher Jurvetson, Draper Fisher New England, Draper Atlantic,
LaunchPad Venture Group and Dace Ventures.
For more
information, please visit
www.everyscape.com
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