Do You Remember? successfully launched their seed round of financing on June 15th, 2012. They quickly secured their goal of $500,000 well ahead of schedule. The response was met with so much enthusiasm that the founders decided not to turn away interested investors, but instead to reopen the invitation and increase funding by an additional 50%.
Do You Remember? is the brainchild of Michael Gitter, who’s twenty years of experience in advertising inspired him to create the DoYouRemember nostalgia book series and NOSEtalgia, the only scratch ‘n sniff book of childhood memories..
“We are proud to announce that we fully met the financial goal during our seed round of financing,” said Gitter. “Increasing our funding at this juncture will help us to more quickly develop our website and app and allow for other interested parties to contribute and be a part of this exciting new program.”
The Company is developing a variety of different apps and functionalities, including TimeLiner, a means for users to populate their Facebook page Timelines with memories created on DoYouRemember.com and their mobile app.
Funds will be used for several high-level hires as well as general operating expenses of the company including programming, design, marketing, legal work and public relations.
The company plans to follow in the footsteps of other recent social media giants, such as Pintrest and Instagram. They have currently amassed over 2,500 beta testers eager to explore the site. These users will help to impact the future versions of the site. Improved versions will include a nostalgia store with one-of-a-kind gift items, the DYR Magazine, guest columnists and much more. News about the site’s progress can be found on Twitter @DoYouRemember, which now boasts over 41,000 followers.
To learn more about the Do You Remember? website and mobile app please visit them online at www.doyouremember.com (http://www.doyouremember.com). You can also contact the creators with questions at firstname.lastname@example.org.
Cece Feinberg Public Relations
T (212) 939-7265