Social platform Seam completes US$2.5 million in seed round financing, led by 1kx

Social platform Seam has announced the completion of a $2.5 million seed round of financing, with 1kx leading the investment and Seed Club Ventures, Sfermion, F7 Ventures, Social Graph Ventures, and other angel investors participating. Seam allows users to code, design, and plan their ideal social spaces online. Seam Social co-founder Nick Confrey said: "By transforming the business model of social media from a common advertising model to a user-owned and generated market, we will inspire people to create more interesting and expressive experiences. Ultimately, users can redefine the internet, making Seam a customizable social network."