Canadian among Facebook fbFund Grant winners

Posted by Rob Lewis

Back in October Facebook announced the 25 winners of fbFund, each of which has received $25,000 to develop their application further. Now the fbFund has announed 5 winners who will receive an additional $225,000 and there is a Canadian in the mix - Albert Lai of Kongagent.

Kontagent is the leading viral analytics platform for social network application developers. Kontagent analytics provides deep social data visualization and analysis that delivers actionable insights delivered via a hosted, on-demand service.

Lai sold his first internet company, the MyDesktop Network while in his teens to JupiterMedia (JUPM) for 7 digits in cash. Most recently he was the founder/CEO of BubbleShare, a photo-sharing company sold to Kaboose (KAB) in 2007. He is now hard at work on Kontagent, his 5th Internet startup.

fbFund is a 10 million dollar seed fund which is a little different than traditional seed funds; the startups that receive grants keep 100% equity, however Facebook, together with its partners - venture capital firms Accel Partners and Founders Fund - has the first rights to invest in these startups in case they seek additional funding. Read more about the 5 winners on Mashable.

Company:
Kontagent
Website:
http://www.kontagent.com
Location:
Toronto, Ontario, Canada

Kontagent is the leading enterprise user analytics platform for social and mobile application developers, marketers and producers. Kontagent tracks more than 1,000 applications, over 100 million monthly active users, and in excess of 10,000 messages every second for customers around the globe. Founded in 2007, the company is headquartered in San Francisco with additional offices in Toronto and London. For more... more

Company:
BubbleShare
Website:
http://www.bubbleshare.com
Location:
Toronto, Ontario, Canada

At BubbleShare, we know that photos are more than just static images. Every photo is a story - an adventure, a piece of solitude, a relationship, or a tall tale. BubbleShare's mission is to help you tell your story using fun Web-based tools that make your photo sharing experience easy and entertaining. Simply put: You have stories, and we want to help you tell them. If you think sharing photos is a pain, then... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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