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Virtual Hangout Gaia Closes Second Round Financing With $12M

By David Kaplan - Sun 04 Mar 2007 07:51 AM PST

Gaia Interactive, a San Jose, CA-based virtual space “hangout” geared towards young people, has raised $12.01 million in its second round financing, PEHub reported, citing a regulatory filing. The round was led by DAG Ventures, which was joined by returning backers Benchmark Capital and Redpoint Ventures.
Related:
-- Online Avatar Social Network Gaia Gets $8.93 Million Funding

Posted in: Social Media, Community, VC+M&A

Tags: gaia,

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3 Responses:

From Steph Mon 23 Jul 2007 10:44 PM

this might not bode well for gaia users.... no indeed....

From Nindala_Ato Mon 23 Jul 2007 10:50 PM

...Now they don’t need to care what we say.

From SWRY Wed 25 Jul 2007 12:17 PM

Remember. Everyone there gets paid. They work hard. So they need pay in proportion to the amount they work. Plus the cost of servers (They can be $10,000 EACH) And all other things. You don’t know everything they need to pay for.

It’s like how teenagers know their parents earn an amount of money, and don’t understand how much of that money is put into bills and such.