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MyPunchbowl Raises $2.1 Million First Round For Online Event Planning

MyPunchbowl, a startup hoping to be a successor to Evite, has raised a $2.1 million first round from Contour Venture Partners, along with past backers Intel (NSDQ: INTC) Capital and eCoast Angels. Last year the company raised an unspecified seed round (less than $1 million). This has been a crowded space, and there's some fear that all this functionality will just get subsumed into larger social networks, like Facebook. The Framingham, Mass.-based company offers services planning and invite services, along with other social tools, like photo hosting. Among the notable competitors is Renkoo, which has raised $9 million, though it's evolved towards working within the Facebook framework. Release.

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Published Tuesday, September 16, 2008 1:44 PM
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