Vanilla gets $500,000 funding

[Nebulous]

Source: http://ca.news.finance.yahoo.com/s/...orums-receives-500-000-cad-round-funding.html

MONTREAL--(BUSINESS WIRE)--Vanilla Forums has closed a $500,000 (CAD) Round A funding for its innovative, open source community forum software. Vanilla also released its forum hosting platform and additional premium features for its rapidly growing customer base. Both this funding and the new forum hosting platform and business oriented premium features solidify Vanilla's position as a leading open source community forum solution. To learn more about Vanilla Forums and its innovative, open-source community forum solutions, please visit http://www.vanillaforums.com/.



Vanilla Forums closed a Series A funding round led by Montreal Startup, with a significant investment also made by Denver, CO based eonBusiness. Silicon Valley based Klein Venture Partners and Denver, CO based Norseman Capital also contributed to the round. Vanilla, located in Montreal, will use the investment to expand its marketing, development, and sales efforts. Montreal has a vibrant entrepreneur community and is a hot-bed for open-source software, said Mark O'Sullivan, Vanilla's CEO.



Vanilla Forums also announced the immediate availability of their forum hosting platform. The Vanilla Forum hosting platform enables customers to quickly and easily deploy a community forum solution without having to write a single line of code. Vanilla also released two new premium features, custom domains and ad-removal, that enable seamless integration with a customer's existing web presence. Vanilla plans to release additional premium features including custom css, single sign-on, and forum analytics in the near future.



With over 19 million forums on the internet, forum software is more relevant than ever, said John Stokes, Managing Partner at Montreal Startup. Vanilla were the first to recognize that forum solutions must evolve into proactive tools that help businesses to both grow and interact with their customer base and we are excited to help facilitate Vanilla's growth in this market.



Vanilla proves that forums are much more than the origin of social media – they're an important and compelling part of its future, said Jeffrey Kalmikoff, Director of Design and User Experience at Digg.com.



It's been amazing to watch Vanilla grow since they participated in TechStars this past summer. They've got great technology and are a super team. We're thrilled to see them put together this round with some great investors. said Brad Feld, Managing Director at Foundry Group and one of the co-founders of TechStars. Vanilla is already one of the most popular forum solutions on the Internet, and I'm excited to watch their continued growth.



About Vanilla Forums, Inc.



Vanilla Forums is the company behind Vanilla, a leading open source community forum solution. Vanilla offers seamless integration with existing web applications, and avoids the feature-bloat that plagues most forum software through the use of its revolutionary plugin framework. Vanilla has already been adopted by hundreds of thousands of sites, including companies like O'Reilly Media, Rackspace, Mozilla, and many more.

So what do you think about this? Do you think with all that money they can make it into an actually decent software?

 

[Evil Eye]

Well they should be able to manage with half a million...

 

[Nebulous]

Well right now I think its a piece of junk... Make a test board. You'll see.

 

[TayneC8]

Created a test forum, they are so basic and horrible.

 

[Raven]

Never even heard of it :/

 

[IcarusForde]

Likewise. And if I aint heard, i don't care.

 

[hotspot]

What a wacky way on doing things. I mean it's just there, there's no main category parts.

 

[Ashley]

I did a test board of it a while back, and I finished with it before I even started. It's so hard to understnad and make heads or tails with. Of course, I am more used to other more well-known softwares like PHPBB, IPB, and SMF and MYBB. I don't really care for Vanilla that much. I've never joined a board that is run on Vanilla either, so that doesn't help.