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Altly Reveals Seed Investors

socalTECH

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. READ MORE>>.

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Siemer Ventures Backs Ribbon

socalTECH

Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seed funding round.

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