‘Social media users are hungry”: Gather Online receives $1m to grow its ‘Snapchat for groups’

By James Harkness · 9 April 2018 · Funding | Investment

‘Social media users are hungry”: Gather Online receives $1m to grow its ‘Snapchat for groups’

Social Media Startup Feeds on $1m Investment

A Snapchat-like platform for groups has just received a $1 million boost, but what does this mean for the future of social media? With 40,000 daily users and a new chairman at the helm, one thing is clear: this startup is on the move.

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Summary

Social networking startup Gather Online, which markets itself as ‘Snapchat for groups’, has accepted a $1 million seed investment from Brett Dawson and onboarded the former Dimension Data CEO as the chairman of its board. Based in Sydney, the social discovery and messaging platform boasts 40,000 active daily users and has now raised $2.5 million […]

Tags: Brett Dawson, David Price, Dimension Data, Gather Online, raising capital, seed funding, Snapchat, Social Media