Skip ads and navigation
Advertising
Our network sites seattlepi.comHelp
Print thisE-mail this
Biznik continues to grow

Biznik has raised a small round of "friends and family" financing that it will use to continue development on its social network for small business owners. It plans to use some of the money to add development support, bolster public relations and host more events.

Picture

Currently, Biznik claims more than 9,000 members, about half of whom reside in the Seattle area. Those members use the site to host small events or connect with others who may have expertise in a certain business area.

"It is a marriage between online networking and face-to-face networking," said co-founder Lara Eve Feltin. "What I think distinguishes us most clearly is the fact that you can meet someone at a face-to-face event and then you can build that relationship on the Web site."

The site primarily targets small business owners like dog walkers, graphic artists, accountants and photographers.

Members sign up for free, but additional services can be attained for $10 or $24 per month. Feltin said that about 6 percent of the members have signed up for the enhanced services.

The company also attains revenue through its events, including the BizJam conference as well as through sponsorships. Intuit just signed up as a premier sponsor of the site.

Biznik is starting to look at ways to expand the concept beyond the Pacific Northwest, which will be the goal of a BizJam conference that it helps sponsor later this year in the Phoenix area.

Feltin declined to disclose the amount of the financing, though she said it was less than $1 million. It is enough money to carry the company through the rest of the year, she said.

In other news, Biznik just started working with Seattle's Eyejot so that members can upload five minutes worth of video messages.

Posted by at April 1, 2008 6:17 p.m.
Category:
Comments
#113981

Posted by unregistered user at 4/2/08 9:58 a.m.

Might be time to get a BizPlan.

#114262

Posted by unregistered user at 4/3/08 7:01 a.m.

i'm confused, what's the biz news here? a couple people with an idea got there "friends and family" to give them "less than a million" dollars. isn't that the case with pretty much every startup out there?

! Login below to post a comment.

Registered users, log in here
E-mail 
Password 
Remember me
 HELP! I forget my password

Unregistered users, sign up now

Or post anonymously (About this feature)

Your comment (No HTML allowed, use these special codes instead)
Violating our Terms of Service may result in your post being removed.

Special codes
  • [b]selected text[/b] -- Display the selected text in bold.
  • [i]selected text[/i] -- Display the selected text in italics.
  • [link]www.seattlepi.com[/link] -- Creates a link to the url between the link tags.
  • [link title="Seattle Post-Intelligencer"]www.seattlepi.com[/link] -- Creates a link to the url between the link tags, uses title as link text.
  • [mail]newmedia@seattlepi.com[/mail] -- Creates a link to an email address.
Enter the code shown:
What is this?
SUBSCRIBE

RSS
Headline widget

BLOGGER BIO
photo
John Cook: P-I venture capital reporter
SEATTLE TECH EVENTS

Click here for a listing of conferences, events and social gatherings in Seattle's high-tech industry. To submit an event for consideration on the calendar, e-mail me here.

FEATURED COMMENT

PictureForget the ad space altogether. It's time that Microsoft to show the long term vision that created their success in the first place. Clearly there are far more valuable, provocative and lucrative problems for technology to solve than consumer spending and entertainment. It's time for the Blue Monster to think bigger thoughts."

-- Reader on Yahoo deal is over, so what startups will Microsoft buy?.

ARCHIVES
Search this blog

Recent entries
· Software CEO facing charges after bison hunt
· Big Fish Games hooks $83 million venture deal
· Report: Bezos puts money behind Finsphere, Aviary
· Pogue on Earth Class Mail
· Roundup: Ontela, Medio, PayScale, etc.

Browse by month
Browse by category

Older archives

RSS/Web feeds (help)
RSS 2.0RSS 1.0Atom
Headlines for your site

LINKS

Blogs
· Business 2.0
· Business Week
· Don Dodge
· Feld Thoughts
· Paul Kedrosky's Infectious Greed
· John Ludwig
· Om Malik
· Market Velocity
· MocoNews.net
· Rain City Real Estate
· Rational Exuberance
· Seattle 2.0
· Steve Hall
· Silicon Valley Watcher
· Martin Tobias
· VentureBeat
· VentureBlog
· Venture Chronicles
· Who Has Time for This?
· Xconomy

Publications
· CNet News.com
· Private Equity Week
· Red Herring
· Corante

Organizations
· NW Entrepreneur Network
· Nat'l VC Assn.
· WSA
· Seraph Capital Forum
· Technology Alliance

Other VC links
· Topix.net VC News
· PWC MoneyTree Survey
· VentureOne

Seattle startup bloggers
· Avvo
· Marcelo Calbucci of Sampa
· Cleverset blog
· Mike Davidson of Newsvine
· Farecast blog
· Jobster blog
· Greg Linden
· LiquidPlanner
· Kevin Merritt of Blist
· Mindsite
· Mpire
· Robert Pease of MessageGate
· Pluggd blog
· Redfin blog
· RescueTime
· Andy Sack
· Kelly Smith of Curious Office Partners
· David Xue of PixPulse
· Zillow blog
· WhitePages.com

IN THE MONEY
CompanyAmount raised
Week of August 25
  Daptiv$9 mil.
  RadioFrame Networks$28 mil.
Week of August 18
  AltaRock$26 mil.
Week of August 11
  1Castundisclosed
  AXIundisclosed
  Mirinaundisclosed
*Previous weeks
ADVERTISING
LAYOFF TRACKER
 Company# of layoffs
TripHub5 (closed)
Entellium7
Imperium Renewables2
GalleryPlayerundisclosed
MDRNA23
 *Complete list
FIRMS

Pacific Northwest venture capital and equity firms

PACIFIC NORTHWEST IPOs
Applied Precision (Canceled)
Classmates (Canceled)
Clearwire (Priced March 7 2007)
First Financial Northwest (Priced Oct. 2007)
Imperium Renewables (Up to $345 million)(Delayed)
Intelius ($143 million filed Jan. 2008)
Light Sciences Oncology (Canceled)
Omeros ($115 million filed Jan. 2008)
Symetra (Up to $750 million) (Delayed)
Tully''s Coffee (Up to $50 million)(Delayed)
Venture Financial (Up to $46 million) (Delayed)
Varolii (Up to $86 million)(Canceled)
Advertising

Seattle Post-Intelligencer
101 Elliott Ave. W.
Seattle, WA 98119
(206) 448-8000

Home Delivery: (206) 464-2121 or (800) 542-0820
seattlepi.com serves about 1.7 million unique visitors
and 30 million page views each month.

Send comments to newmedia@seattlepi.com
Send investigative tips to iteam@seattlepi.com
©1996-2007 Seattle Post-Intelligencer
Terms of Use/Privacy Policy

Hearst Newspapers