Wednesday, September 7, 2011

Chill Gets $1.5M

Los Angeles-based Chill, the online video discussion website headed by Brian Norgard, has raised $1.5M in angel funding, according to the firm's angel investment backers. The site--which was originally a project of Namesake--gained funding from Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington of TechCrunch. The funding was reported first by TechCrunch, due to Michael Arrington's investment involvement in the company. Namesake is a real time, online discussion site which Norgard and co-founder Dan Gould created, to allow users to discuss different topics, answer questions, and hang out. It's unclear if the investment is in Chill alone or also in Namesake, and if Namesake is continuing as an independent business; we've reached out to Norgard for details. Chill was spun up out of Namesake on August 10th. (Update: Norgard tells us that the Chill is part of Namesake, and the investment goes toward the company as a whole). More information »

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