Contact Information: Contact: Zivity Public Relations
Zivity Secures $1 Million Series A Financing to Change the Face of Adult Social Networking
Patent-Pending Voting System Lets Members Distribute Royalties to Models and Photographers
| Source: Zivity, Inc.
SAN FRANCISCO, CA--(Marketwire - August 20, 2007) - Zivity, an innovative social media
platform for models, photographers, and fans of female pin-up photography,
today announced that it has raised $1 million in Series A financing from
private investors.
Zivity sits at the intersection of MySpace, Playboy magazine, and American
Idol. Zivity offers a social networking platform for sexy models and
beautiful photography while its members get to vote for models and photos
they find appealing.
"We realize there is an unmet need for a community where members can enjoy
sexy content without the mixed age crowd," said Cyan Banister, Zivity
co-founder and chief strategy officer. "While MySpace is known for finding
new musicians, Zivity is a place where models and photographers will be
discovered."
Powered by Zivity's innovative, patent-pending voting system, Zivity is the
only media company that lets its members distribute royalties. Zivity
members determine what photos are published on the site by casting votes
for models and photographers who submit appealing content. In this way, it
is the members who distribute the royalties and who ultimately determine
how much models and photographers will earn for their contributions.
"Zivity ensures that money ends up in the hands of those that deserve it,"
added Banister. "Not only do we fairly compensate our models and
photographers, they share in ongoing royalties for popular photographs. And
it will be members who are in control -- they decide what content is
published and who those royalties go to."
Zivity is the first site in its space to employ technologies like
recommendation engines and rich metadata, as well as its voting system, for
a truly unique and interactive member experience tailored to perfectly
match their tastes.
The Zivity management team is Chief Executive Officer and Co-Founder
Jeffrey Wescott, Chief Strategy Officer and Co-Founder Cyan Banister, and
Chairman and Co-Founder Scott Banister. Zivity has hired top talent from
Microsoft, Organic, and eBay and formed a brain trust of advisors and early
investors that includes some of Silicon Valley's most accomplished
entrepreneurs.
Zivity is the latest venture for Scott Banister, who previously co-founded
IronPort Systems, an anti-spam company acquired earlier this year by Cisco
for $830 million. Banister is also the brains behind the bid-for-placement
model used today by Google Adwords and co-inventor of the e-mail payment
system used on eBay.
Zivity is currently in private beta. For a preview, visit zivity.com.
About Zivity
Zivity, Inc., founded in 2007, is a privately held company in downtown San
Francisco. Zivity is an innovative social media platform for models,
photographers, and fans of female pin-up photography. It is an adults-only
community that shares revenue with its models and photographers for
contributing content, and offers engaging interaction with models for its
members. More at zivity.com