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Real Girls Media Network Gets $6 Million Funding

By Rafat Ali - Thu 16 Nov 2006 10:46 AM PST

We mentioned about the partial funding before: Real Girls Media Network, an SF-based women’s content and social networking startup founded by Kate Everett-Thorp, a WaldenVC venture partner and former president of marketing agency AKQA, has received $6 million in first round funding. The round was led by 3i and WaldenVC.
DivineCaroline.com, the first of the sites that will make up the Real Girls Media Network, will debut in January. DivineCaroline is targeted toward women ages 25-54. Two others--one aimed at teenage girls, the other at women 18-25--will launch later next year.
As MediaPost describes it, DivineCaroline will allow women to submit articles, product reviews and related photos using an online publishing system developed for the site and intended to streamline the editorial process.
WaldenVC also has investment in Glam Media, focused on shopping and fashion.
Some more details about the funding here in the release.

Posted in: Social Media, VC+M&A

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From jim wilson Thu 16 Nov 2006 08:30 PM

blech.. this sounds so much like 1999…

I give this group 18 months and then .. flame out!

From Jason Fri 17 Nov 2006 08:38 AM

I hate to say it but I have to agree with Jim. My first thought was the short-lived kibu.com. Then again, MySpace isn’t THAT different from earlier dotcom communities and we’re all aware of the levels it has reached.

That being said, I’m betting that RealGirlsPeople.com* might not be too far off.

*see this post on CNET

http://news.com.com/2100-1017-246440.html

From Joe Frohlinger Fri 17 Nov 2006 10:21 AM

This is a group of savvy and sophisticated individuals who will most certainly drive women’s content forward. Kate is one of the smartest women in the business.
Anyone who discounts them does so at the risk of looking backward not forwards....