Redux Received $6.5 Million for Socially Aware Social Network Algorithm

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Redux Received $6.5 Million for Socially Aware Social Network Algorithm

Redux raised $6.5 Million in series A funding from DFJ and individual Alsop Louie. They had previously raised $1.65 million in seed funding from individual investors Alsop Louie and Peter Thiel.

What does Redux do?

Redux has created a social network with recommendations based on their algorithm.

VCU says:

Redux is not yet live, however you can watch a video from their Demo `08 presentation here.

Redux has created a social network that helps you navigate through people, events, and other social network features by using their algorithm. The algorithm learns about you by analyzing your profile and asking you questions. As you use the site it can learn further about your interests.

The algorithm also creates a relevance score for people that it believes you would most likely want to get to know and meet. They do the same for events.

Take a look at Redux Here and sign up to be notified when they launch.

Founder:

NA

Funders:

Read more about DFJ here.

Individual Alsop Louie




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