Monday, February 15, 2010

Investors pour $5 million more in GCI-backed Cozi

The family calendar start-up raised the additional money recently, according to a filing with the U.S. Securities and Exchange Commission that doesn't identify the investor. Gannett bought a minority stake in Seattle-based Cozi in 2008, reportedly for $8 million. In the new filing, first reported today by paidContent, Cozi said it was seeking $6.5 million total, and suggested that it still wanted the remaining $1.5 million. Daniel Ehrman, Gannett vice president for planning and development, is on Cozi's board of directors, the filing says.
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2 comments:

  1. Anonymous2/15/2010 7:30 PM

    Gannett must be seeing something that I am missing with Cozi.com.

    The site is hardly dynamic... not easy to use. For example, you can't drag an event from one day to the next, in case plans change.

    In order to get a payback on that type of commitment, you'd have to sell a ton of ads...

    1.4MM users... wonder how many are active.

    I noticed in a news search that just one recent article mentions Cozi.com... one from the News Press in Ft. Myers.

    Nice cross promo. You get a gold star.

    Does the News Press have an obligation to tell its readers that Gannett is a backer?

    http://www.news-press.com/article/20100213/LIFESTYLES/100212059/1013/lifestyles/Don-t-let-clutter-overwhelm-your-home

    ReplyDelete
  2. Anonymous11/25/2011 11:13 AM

    I LOVEEEEEEE COZI!!!!!!!!!!!!!!!!!!!!!! I've tried 50 time management applications, and this is by far and away the best. I downloaded it and never logged in, because I hate logins, but through word of mouth heard about it then logged in and am hooked. I want to invest in this, because it's going big!!!!!!!!!!!!!

    ReplyDelete

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