02/17/2006
Web 2.0 start up eSnips raised $0.75 million seed money from Gemini Israel
Israeli Web 2.0 start up, eSnips, completed a $0.75 million seed investment round from Gemini Israel Funds. eSnips, located in Netanya, has recently released an initial beta version of eSnips.com, a free internet service designed to provide 1GB of free storage dedicated for storing and sharing digital files, photos and video clips.
Yael Elish, former VP of Strategic Development at Commtouch, is the founder and chief executive officer of eSnips. The company was initially funded by Nahum Sharfman, formerly the founder of shopping.com, later acquired by eBay. Sharfman, eSnips chairman, was also the founder and CEO of Commtouch. He holds a Ph.D. from Carnegie Mellon University in High Energy Nuclear Physics.
eSnips was made available as a quiet pre-beta on September 2005. A full social version is due to go live in March 2006. eSnips currently has 60,000 registered users. The community based service provides a centralized storage space and user friendly tools to gather almost any type of information from the web or desktop and annotate, tag and share it online in various ways.
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13:30 Posted in Internet | Permalink | Comments (0) | Email this | Tags: Web 2.0, eSnips, free storage, Nahum Sharfman, sharing digital files
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