Montreal's Akoha to shut down August 15th

Posted by Techvibes NewsDesk

Montreal's Akoha annouced today on their blog that they will be shutting down on August 15th. In a letter penned to Akoha Community Members, the Akoha founders shared the unfortunate news that after three years of operation they will be closing its doors later this month.

In the fall of 2007 we set out to create a new type of community to highlight fun, real-world activities that would help people explore and enjoy life to the fullest. From all the amazing missions that the Akoha community has played over the past 3 years we feel comfortable in saying that we were able to reach that goal.

Unfortunately and despite our best efforts, we weren’t able to generate enough revenue to cover our expenses so we’re left with no other choice but to close the site.

We’d like to thank all the dedicated Akoha team members who have contributed their energy and talents to the project and also to our investors for the support that they have shown us over the past few years.

And finally, we’d like to thank you, our incredible community members, for being part of this journey with us. We have been delighted, inspired and moved by all the wonderful missions you have played. We hope Akoha has brought a little additional enjoyment and satisfaction to your lives.

In April of 2008 founders Austin Hill and Alex Eberts secured $1.9 million in funding for Akoha from angel investors.

Company:
Akoha
Website:
http://www.akoha.com
Location:
Montréal, Québec, Canada

In just a decade the Internet’s advances have made the world a better place. At Akoha, we want to take that a step further. With six billion people covering seven continents and five oceans, our planet is the ultimate playground, a place for real people to engage in meaningful interactions. Akoha was founded by Austin Hill and Alex Eberts, long-time friends and entrepreneurs. After attending the TED Conference in... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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