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May 18, 2007

LigthSpeed Gemini Internet Lab invests $1 Million in Timeless Cities

From the blog: We made an investment in Timeless Cities which will provide a 3D immersive world coupled with original social networks features where we invested 1 million dollars. Yes i know it sounds like Second Life, but the concept is very different and very focused to a simple adoptable idea. The project is the brainchild of israeli artist Doron Nesher and has Michael Weissman co-author of the best selling book The Paradox of Excellence as CEO. The company based in Silicon Valley, is still in heavy stealth mode and hopefully we ll be able to tell more very soon. The PR is available here for download.  LigthSpeed Gemini Internet Lab (hLGiLab) is a joint venture between Lightspeed Venture Partners and Gemini Israel dedicated to seed investment in very early stage internet israeli start-up

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