We have talked about Vinogusto (available in English) on other occasions and now we return to it as it has closed its third round of funding with 355.000 euros that add up to the 150.000 euros received in 2007 and 200.000 euros received in 2008. With 705.000 euros of total investment, the project has achieved a good base of funding that should help it become the leader of the social networks on the subject of wines, at least in Europe.
It’s interesting to see the comparison with other wine related social networks that we know of here: snooth, vinogusto, vinix.it, yvinos and descorchados. The competition is clearly between Vinogusto and Snooth which has just received an investment of one million dollars as mentioned by François Derbaix, and who practically double the investment received by Vinogusto but the traffic is about the same.
The 355.000 euros of investment in Vinogusto come from the previous investors in the company and new individual investors who enter into the business as partners.
17 March 2009 at 6:47 pm
[...] post on Loogic.com : ” The competition is clearly between Vinogusto and Snooth which has just received an [...]