Investors Take Cue From Discovery Platforms, Give to Qloo
November 12, 2012
Kindler Capital and celebrity investors, including Cedric the Entertainer and Danny Masterson, have invested $1.4 million of seed funding in Qloo, a cultural discovery platform that recommends music, movies, and fashion ideas, among other things, based on a user's personal tastes. New York-based Qloo, taking a cue from music and film discovery (and delivery) platforms such as Pandora and Netflix, recently launched with the hope of integrating all cultural mediums in a similar format. The site also has a social aspect; users can follow others and share their cultural tastes.