Social network Total Prestige raises USD1m

Tags: Network, Social Networking, Online Communications, Marketing, Advertising & Promotion, Total Prestige, Jeremy Collum

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2008-12-02 13:10:40.0

New York-based social network Total Prestige has raised USD1m in funding from the founding partner of private equity firm Ferrata Capital, Frank DeRose. Total Prestige is expected to name DeRose as CEO of the company.

Total Prestige is an invitation-only community targeted at wealthy individuals. It is intended eventually to serve as a hub for users to broker business transactions. However, the site only has 650 members at present.

StrategyEye's related companies: Total Prestige

 

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