Social Media Networks files investment papers with SEC
Social Media Networks, the provider of “word-of-mouth” marketing via online social networks, raised $6.5 million last month, according to a regulatory filing it made today with the SEC, and intends to sell $1 million more of itself in the offering.
While the Regulation D filing doesn’t detail the buyers and how much each spent in the offering, the list of “Related Persons” includes George Zachary of Charles River Ventures, who is listed as a director on the company’s board, along with Alexander Rosen of IDG Ventures, and company co-founder and Chief Executive Seth Goldstein, co-founder and Vice President Dave Gentzel, along with “five-time serial entrepreneur” Mark Goldstein.
Social Media Networks is located at Pier 38 on The Embarcadero in San Francisco, although it lists a phone number in the 650 area code, perhaps a holdover from its time in Palo Alto where it used to be situated on Emerson Street around the corner from Facebook.
