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Jaxtr Closes $10 Million Series A; Announces 1 Million Users
Jaxtr has raised a $10 million Series A round led by August Capital with Mayfield Fund, Draper Richards, Draper Fisher Jurvetson and Luxemburg-based Mangrove Capital participating. They've also doubled their registered user base over last month, totalling 1 million users. They plan on getting to a break even point on the investment and to total 20 million users by the end of next year.


Source: http://www.techcrunch.com/2007/08/27/jaxtr-closes-10-million-a-1-million-users/

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