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Professional Networking Platform, Upstream, Raises a $2.75M Seed Round

TECH CRUNCH - May 20 - Upstream, a new Miami-based professional networking platform, just closed a $2.75M seed round, bringing their total raised to $3.25M. Unlike LinkedIn, Upstream focuses on generating meaningful connections between its members. One way they go about it is by hosting digital events that start with a speaker, followed by breakout matched sessions that are five minutes each.

by Marcella McCarthy
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Upstream Is a New Professional Social Network

TECH CRUNCH - Oct 28 - Last fall, social analytics startup SocialRank sold its product and business to Trufan, allowing the team to focus on a professional social network. Today, they're officially unveiling Upstream to the public. CEO Alex Taub said he's not trying to replace LinkedIn. Where LinkedIn works primarily as an online résumé and rolodex, Upstream aims to help users build the connections and relationships that are important to their careers. Taub suggested that things really took off with Upstream's next product, Upstream Events, where Upstream would host a guest speaker, then attendees were matched up for five-minute, one-on-one video chats. Upstream says it's already hosted 100 events, with 72% of people who attend one event subsequently attending another.

by Anthony Ha
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