Austin Hill’s Akoha project just announced that they have $1.9 million in funding thanks to a dozen angel investors.
For those who don’t know, Akoha is … uhh … what does the “About Us” page say again? Something about fun and play and sharing and making the world a better place.
It could be a social-networking site for fundraisers or it could be a giant multiplayer Pong game with the Sesame Street theme playing all the time. They’re still kind of being coy about it.
I’m not much connected to the investor/rich-people market (if I did, I’d probably have a better apartment and/or life), so the names don’t quite impress me. The one I do recognize is Jonathan Wener, who sits on Concordia University’s board of governors and its real-estate committee. He’s a big reason behind the new buildings they have, to the point where I don’t know why he doesn’t have one named after him yet.
More importantly, he’s very rich and not one to waste money on some go-nowhere startup without a plan. That alone makes me think Akoha’s got something here.
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