Del.icio.us tastes funding

Web bookmarks manager Del.icio.us has drawn its first investors, selling a minority stake of the company to Union Square Ventures, Amazon.com and Netscape co-founder Marc Andreessen, among others. Del.icio.us is a Web resource that lets people bookmark and tag pages to create their own personalized record of sites. The collective records of users are then available to anyone.

With the money, Joshua Schachter, founder of Del.icio.us, plans to work on the project full-time and hire a small staff. "My first priority is improving reliability and responsiveness, with new features following soon," Schachter wrote in a brief announcement. Additional investors include BV Capital, Esther Dyson and Tim O'Reilly.

Most Popular

Latest tech news headlines

• Lifestreaming in Obamaland

  Posted in Outside the Lines by Dan Farber

  November 21, 2008 11:59 PM PST

• Judge orders Ballmer to testify in Vista suit

  Posted in Beyond Binary by Ina Fried

  November 21, 2008 7:35 PM PST

• Army backs Hydrogen Highway

  Posted in Military Tech by Mark Rutherford

  November 21, 2008 5:50 PM PST

• See all headlines

Markets

Market news, charts, SEC filings, and more

Related quotes

Dow Jones Industrials (6.54%) 494.13 8,046.42

S&P 500 (6.32%) 47.59 800.03

NASDAQ (5.18%) 68.23 1,384.35

CNET TECH (5.95%) 56.25 1,002.00

  Symbol Lookup