Me.dium, the social browser add-on, has raised $15 million in a second round funding, bringing its funding to total $20 million, and coming from Commonwealth Capital Ventures, Spark Capital, Appian Ventures, Brad Feld and Elon Musk. Read here for our initial review.
The browser add-on is essentially a way to map the live Internet, incorporating browsing data from its users. See what your friends are browsing, and surf the Internet in a very social manner. With a reported 20,000 users, Me.dium is off to a good start. While this may seem like a hefty amount of funding for the start-up that just opened up its beta a couple of weeks ago, the funding is sure to go towards the daunting task of changing the way people use the Internet, and hopefully creating a plug-in for Internet Explorer users. That will also open the company up to a wealth of new users, beyond the early adopters and possibly into the mainstream.