Celebrates 1st Anniversary With $2.5M In Funding turned a year old yesterday and marked the occasion by announcing $2.5 million in new funding, while also sharing several other updates on its growth and plans for the future. Founder Dalton Caldwell revealed that the funding has come from the services existing investors, and says raised the money because "we want our developer and member community to be confident that is on strong financial ground and here to stay." That community is small, and is no threat to the likes of Twitter or Facebook, but that doesn't seem to be the point. has purposely gone out [...] Adds Free Accounts

appnet-invite, previously only available via paid memberships, has added a free service tier to help open up the service to new members. But it's happening on a limited basis: New members must get an invite from an existing paid subscriber. And once in the system, the new free-tier members will only be able to follow 40 users, and will also have limits on file storage and file size in their accounts. In his announcement, founder Dalton Caldwell says the free tier was always in the company's plans and now's the right time for it because there are plenty of third-party apps across multip [...] Giving Out Invites For A Free Month

appnet logo Current users of the small, subscription-based social network can now give friends a chance to try to the service for one month at no charge. It's a smart move that should help bump up's user levels, especially in the wake of last month's decision to lower the subscription fee from $50 to $36. According to, currently has about 28,700 total users and is adding new users only at a clip of several dozen per day. Existing users on a yearly plan will find a "small number" of invites at -- my account shows three invites. Invites ar [...] Lowers Prices As Membership Approaches 20,000 Users

appnet logo, the fledgling social network that launched in August with an annual membership fee of $50 per account, is lowering that price and introducing a monthly membership plan, too. The annual membership fee will be $36 going forward, and all existing account holders will have their memberships extended to reflect the lower price. The service is also introducing a $5 per month membership plan. Founder Dalton Caldwell announced the changes Monday, saying that the site's "momentum and scale" makes the lower subscription fees possible. Caldwell says is about to surpass 20,000 membe [...]’s Baby Steps: 250,000 Posts, 17,500 Users

appnet logo, the pay-based Twitter alternative that just opened a few weeks ago, has hit its first couple activity milestones. Founder Dalton Caldwell posted today that the service has surpassed 250,000 posts, and he estimates that about half of those are coming from third-party clients. Caldwell calls the latter stat "a good sign" -- was born, in part, out of frustration over Twitter's changing relationship with developers (and out of the desire for an ad-free service). Earlier this week, Caldwell also announced that had surpassed 17,500 accounts. The service was inundated w [...], A Twitter Competitor, Crowdsources $500,000 In Funding

appnet-logo Some in the marketing and developer communities are buzzing with the weekend's news that, a potential Twitter competitor, raised more than $500,000 in funding -- not from venture capitalists, but from its new users. With about 12 hours left in its fund raising window, currently says it's raised $734,850 from 11,205 supporters. is the brainchild of Dalton Caldwell, who founded the now-defunct social/music site imeem in 2003. Caldwell most recently made headlines for a Dear Mark Zuckerberg letter in which he wrote about the frustrations of dealing with Facebook's me [...]

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