Location networking startup Plazes raises $3.5M
Plazes, a social networking site based in Berlin, has announced that it has raised $3.5M in a first round of founding led by Doughty Hanson Technology Ventures.
Plazes is a social network site with the added dimension of location tracking. Plazes automatically detects your location and connects you with people or places nearby.
Users need to download a piece of software called the 'Plazer' to use the service, and can then allow thier contacts to see their exact location.
According to Michael Arrington at TechCrunch, Plazes currently has around 40,000 active users.
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