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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "Path is a social networking-enabled photo sharing and messaging service for mobile devices that was launched in November 2010. The service allows users to share up to a total of 500 contacts with their close friends and family.Dave Morin, co-founder and CEO, says: \"Our long-term grand vision here is to build a network that is very high quality and that people feel comfortable contributing to at any time.\"The company began with an iPhone application and a website. Later they released apps for Android, iPad, and Windows Phone. The company competes with other social networks such as Instagram. Path established innovations in UI design that continue through other mobile applications including context sensitive bubbles and the three bar menu slide.Based in San Francisco, California, the company was founded by Shawn Fanning and former Facebook executive Dave Morin. Path's initial $2.5 million funding round included Ron Conway, Index Ventures, First Round Capital, Ashton Kutcher, Kevin Rose, Marc Benioff, Chris Kelly, and others. It subsequently raised $30 million in venture capital from Redpoint Ventures. On January 11, 2014, the company announced it had raised another $25 million in venture funding from Indonesian Bakrie Group, Kleiner Perkins Caufield & Byers, Index Ventures, Greylock Partners, Insight Venture Partners, Redpoint Ventures, and First Round Capital.Indonesia is the world's largest Path userbase with more than 4 million users.On May 28, 2015, Path announced it has been acquired by Daum Kakao."@en }

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