Dogster, the social network for dogs that began as a Friendster parody, has taken $1 million in angel funding. The investors include Michael Parekh, Joshua Schachter, Adam Beguelin, Michael Tanne, Jim Young, Mike Jones, George Sarlo, Frank Caufield, Aydin Senkut, Robert Simon, Brad Feld and Jeff Clavier - an all-star cast. The company was founded in 2004 and claims to be profitable - Dogster and spin-off site Catster combined took $100,000 in revenue in April, mainly from advertising. The site served around 17 million pageviews last month and reports 290,000 members.
The money will be spent on marketing and expansion to other types of pet - birds, fish, reptiles and more. If those pet owners take to the idea as readily as the Dogster users, it could be a very successful venture.
