Backfence Joins The Deadpool

Written by on July 5th, 2007 in Ajax News.

backfence.jpgCommunity focused citizen journalism site Backfence announced June 29 that it is closing. Perhaps demonstrating how dire their situation had become, no one noticed until today.

Backfence had been in trouble for some time; In January CEO and co-founder Susan DeFife resigned and the company reduced staff from 18 to 6.

The company took $3million in venture capital from SAS Investors and The Omidyar Network in October 2005.

BackFence joins the TechCrunch Deadpool.
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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/130959570/

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