Shaker raises $15M from Arrington, Schmidt
Israeli startup, which won prestigious TechCrunch competition, developed virtual pub application for Facebook. Investors include TechCrunch founder, Google chairman's fund
Only six months after raising $3 million, the company has held a secondary round which raised $15 million.
Following the investment, a slew of directors will cram around Shaker, more than a few of which are known names such as TechCrunch blog founder Michael Arrington, who was ousted from the blog after founding a private fund named the Crunch Fund, and Dror Berman, director of Innovation Endeavors, Google Chairman Eric Schmidt's investment fund.
Additional names on the company's BOD roster are Pitango's Rami Beracha, Menlo Ventures' Shervin Pishevar - the biggest investor in this round, and Lady Gaga's manager, Troy Carter. They will be joined by businessman Zaki Rakib, founded of Terayon Communications Systems and NovaForab who along with Pitango invested $3 million in Shaker.
Israel-based Shaker took home the Disrupt competition trophy for its Facebook application which allows users to socialize through a virtual bar where they can hang out with their Facebook buddies and make new ones.
The application's business model will enable the virtual bar goers to purchase virtual goods.
Shaker was founded in 2010 by Yonatan and Gad Maor, Jonathan Carse, Ofer Rundstein and Adam Rakib, Zaki Rakib's son. The company currently has 20 employees.
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