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Acquired byShutterfly
Price$15M
Date1/2008
TermsCash

General Information

Websitenexo.com
CategoryConsumer Web
Employees
DescriptionSocial Network for Families

Offices

People

Co-Founder and CEO
Co-Founder and Vice President of Operations
Vice President of Marketing

Tags

Nexo

Nexo sells itself as the social network for families and small groups. Nexo was acquired for $15 million by Shutterfy in January of 2008.

Launched at the January 2007 Demo conference, Nexo lets users design to design their family webpages, upload videos, photos, and integrate any other third-party widgets. Whenever users make an update, such as an event time change, they are able to the group by email - every member can specify how often, if at all, they are notified by email. Nexo clearly caters to families, church groups, sports teams and hobby groups for example.

Founders Jorasch and McGannon founded Octopus, a company that was backed by Redpoint among others, as well as Metropolis Software. The latter, which focused on software automation, was bought by Clarify.

Competitors include Myfamily, Cozi, GetVendors, and Yahoo Groups.

Recent Milestones

  • Handshake
    Nexo was acquired by Shutterfly for $15M. (1/1/08)
    Posted 1/8/08 at 1:23am
  • Check
    Nexo added Tom McGannon as Co-Founder and Vice President of Operations.
    Posted 1/8/08 at 1:19am
  • Check
    Nexo added Craig Jorasch as Co-Founder and CEO.
    Posted 1/8/08 at 1:18am
  • Check
    Nexo added Gina Jorasch as Vice President of Marketing.
    Posted 1/8/08 at 1:19am

Videos

Screenshots

Products

Nexo

Websitenexo.com
Tags social-networking
Nexo screenshot
Above: Nexo Screenshot -- #1
Uploaded: 2/5/08

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Nexo

Sources

  1. JMP Securities [edit]
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Last Edited 4/2/09

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