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In light of Disney's recent purchase of Club Penguin, the "virtual world" market has been red hot (these are online communities where users hang-out in real time and create their own identities).

Well, we are starting to see the funding flood into the space.

One of the latest deals: an $11 million venture round for Doppelganger. The investors include ComVentures, Draper Fisher Jurvetson, Trident Capital, Draper Richards, KPG Ventures and Greycroft Partners.

To get some perspective on things, I interviewed Robb Hecht, who is an expert on social networking and operates IMC Strategy Lab Consulting. According to him:

Continue reading Doppelganger: Gets real with $11 million

Doppelganger: Gets real with $11 million originally appeared on BloggingStocks on Thu, 16 Aug 2007 14:41:00 EST. Please see our terms for use of feeds.

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