Stealth Social Startup Cafebots Scores The First Money From Kleiner Perkins’ New sFund
October 21, 2010 at 14:10 PM EDT
You've likely heard of CRM, customer relationship management. But have you heard of FRM — friend relationship management? Probably not. But Cafebots hopes to change that shortly. We don't know much about the still-in-stealth startup which was co-founded by three folks out of Stanford, but we do know that the company has just secured $5 million in funding. And the funding is perhaps even more significant because they are the first company funded as a part of Kleiner Perkins' new sFund, the social fund announced today at Facebook's headquarters in Palo Alto, CA.