NEW YORK,
NY -- MomJunction announced the close of its
first round of financing, receiving $1,500,000 from several private investors.
The site is designed to allow moms to "coordinate their family,
relationships and information needs in one place - at no cost to them,"
according to a company statement.
MomJunction cites an innovative communication system called Ripple (TM)
which sends a members questions, tips, knowledge and discussion through her
extended network via her trusted members of her real life groups.