Peter Kafka

Recent Posts by Peter Kafka

Sulia Says Its Homegrown Social Network Is Growing, Raises $6 Million

suliaSulia started out as a list service for Twitter. Then it turned into a filtering service built with Twitter in mind. Last year, it moved away from Twitter and positioned itself as a standalone “subject-based social network.”

This version seems to be working: The nine-man startup said it is attracting more than 10 million visitors a month, up from four million at the end of 2012.

And investors like the story: Sulia has raised about $6 million in a B round led by Greycroft Partners, along with Metamorphic Ventures; FirstMark Capital, Village Ventures and IA Ventures are all back, as well.

CEO Jonathan Glick has raised $10 million for the various incarnations of his company, but now he says he’s ready to start generating revenue, too. Sulia has begun running “native ads” — of course — on its topic pages, from the likes of Ford; here’s an example on its NFL page.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik