February 7, 2008

Skype developers invest in Kindo

Kindo, a site where people can build their family trees, has raised additional capital from Ambient Sound Investment, the investment vehicle of some of the original Skype developers. The Skype connections to Kindo are several, Kindo co-founder Nils Hammar worked at Skype as product manager and former Skype VP Marketing Saul Klein has previously invested in Kindo.

The size of ASI's investment hasn't been disclosed, but I would guess it is between 0.5 and 2 million euros. Geni, a U.S. based competitor to Kindo, raised $10 million on a valuation of $100 million in early 2007.

Nils Hammar has written more about the funding on Kindo's blog.

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