And the money goes to… CafeBots, a friend relationship management company that will be receiving $5 million from Kleiner Perkins Caufield and Byers as part of sFund, a $250 million fund to back social innovation that was announced earlier this afternoon at Facebook’s headquarters.
CafeBots was founded by a group of folks from Stanford and purports to be the first company dedicated to “Friend Relationship Management.” We’re not exactly sure what that means yet, but we’re interested to find out.
Facebook
, Zynga, Amazon, Comcast, Liberty Media and Allen & Company are all contributing to sFund, in addition to KPCB. “This investment from such a luminary in tech investing is an outstanding vote of confidence for our young company,” says Yoav Shoham, CEO and founder of CafeBots in a statement. “Social is the new search, and it’s a category ripe for innovation. Kleiners’ new S Fund will be a great launch pad for companies like ours that want to bring groundbreaking innovation to the social media space.”
, Zynga, Amazon, Comcast, Liberty Media and Allen & Company are all contributing to sFund, in addition to KPCB. “This investment from such a luminary in tech investing is an outstanding vote of confidence for our young company,” says Yoav Shoham, CEO and founder of CafeBots in a statement. “Social is the new search, and it’s a category ripe for innovation. Kleiners’ new S Fund will be a great launch pad for companies like ours that want to bring groundbreaking innovation to the social media space.”Courtesy of Mashable
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