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Altly Reveals Seed Investors

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Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site. Shapiro was the former founder of Veoh Networks and head of MySpace Music.

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Facebook Competitor Altly Becomes Anybeat

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Altly , the startup headed by Dmitry Shapiro which is developing an alternative to Facebook, said Monday that it has renamed the firm to AnyBeat.com. In addition to the new name, AnyBeat outlined a number of principles behind the social network. Shapiro was formerly the founder of Veoh Networks, and head of MySpace Music.

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