The Deal
Friday, July 25, 
12:01 pm

[Posted on April 10, 2008 - 7:04 PM]

 

someecards.jpgA mini mystery is solved Thursday. We've known for awhile that ex-Google Inc. exec Chris Sacca, who has become a full-time investor and plans soon to raise a venture capital fund, was backing a stealth-mode New York startup. Sacca emailed me this afternoon to confirm that it's Someecards Inc., an edgy (even racey) electronic card company that has raised a seed fund of $350,000, led by Betaworks.

It's a "great, edgy little site that is doing 1.5 million uniques a month," enthuses Sacca. "Wild traffic."

Last month, Sacca celebrated an exit -- albeit a small one. Auctomatic, which develops tools for power eBay users and which he mentioned as one of his favorite startups when we interviewed him recently, was sold last month, reportedly for $5 million in cash and stock, to Communicate.com, a Vancouver based domain registrar turned e-commerce network that some say is undervalued. - Mary Kathleen Flynn 

For more on Someecards, see Apr. 9 post from TechCrunch
For more on Auctomatic, see Mar. 26 post from VentureBeat
For more on Chris Sacca's investments, see Jan. 29 post from Tech Confidential

 


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