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Power.com Combines Multiple Social Networks
Contributed by Administrator   
A Brazil-based startup says it has a solution for users of multiple social networks like Facebook, MySpace and others who want to access the Web sites on one portal. Power.com, which has backing from veteran technology investors, has been operating in stealth mode for users in India and Brazil, but now wants to woo U.S.-based users.

The Web site synchronizes friends, messages, photos and updates from multiple social-network, e-mail and instant-messaging accounts, according to Steve Vachani, chief executive of Power.com. The site, which does not charge for its service, supports users on Facebook, MySpace, Hi5, MSN Messenger, Orkut and YouTube. Future support will include LinkedIn, Twitter, Flickr, Hotmail, Yahoo, Gmail, AOL and Skype, according to the company.

"We're taking down the boundaries between social sites, so users can keep in touch and even synchronize friends and photos automatically," Vachani said. "Social is about people, not about place. So we're making the virtual 'where' irrelevant."

Moving Stateside

While Power.com's leaders have quietly grown the user base to five million and their employees to 70, the current plan is to expand that user base beyond Brazil and India. Looking at its current growth rate, the company expects to have more than 30 million registered users by the end of 2009.

Power.com is reaching out to users by placing ads on messages sent through the service, inviting users to ask their friends to join, and adding links to members' social-network profile pages.

Vachani may have to prove the strength behind Power.com to potential users, but it has already captured the attention of investors and technologists who have provided the first round of funding.

Menlo Park, Calif.-based Draper Fischer Jurvetson, which has backed companies like Hotmail and Skype, has invested $6 million in Power.com. Private investors, including Esther Dyson, have backed the company with another $2 million. Dyson's...
Read more at: NewsFactor Network

 
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