
StatusNet has recently announced the completion of an $875,000 financial round. Investors in the Montreal-based company include Montreal Start Up, iNovia Capita, and Footlia.com founder Oleg Tscheltzoff.
The company, known for their open-source microblogging network Identi.ca, plans to offer a service that allows businesses and individuals to create and run their own network. Currently, there are around 2,000 sites powered by StatusNet, with between 200,000 – 300,000 users.
The service is currently in private beta, but anyone who is interested in running their own service can download the software for free from the StatusNet website.









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