Liz Gannes

Recent Posts by Liz Gannes

Stealthy App Maker Nettle Has Raised Funding

Nettle, a start-up from two MP3.com guys, including Eventful founder Brian Dear, has raised $500,000 from investors including Google Ventures, Advancit Capital and 500 Startups.

What does Nettle do? That’s not clear yet. The company plans to launch “a next-generation social/local/mobile application and website for the global entertainment market” next month, starting with an iPhone app.

Dear, who is CEO of La Jolla, Calif.-based Nettle, elaborated that it is focused on “a very specific consumer vertical.”

Dear founded Eventful, an event aggregation site, in 2004, but resigned as chairman last year after being inspired to do something on the mobile Internet, he said. His co-founder, Dan O’Neill, who is CTO of Nettle, previously co-founded music company Trusonic.

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”