• Tech Crunch, Tuesday, May 17, 2011 12:52 PM

Local question and answer start-up Hipster has raised $1 million in seed funding from some prominent investors, including Mitch Kapor, Dave McClure/500 Startups, and Google Ventures, TechCrunch reports. "Many of you best know Hipster as the start-up that launched a thousand blog posts, having insane hype and a couple of acquisition offers before its SXSW launch," TechCrunch writes.

Unfortunately, "While Hipster's initial launch page had over 10,000 signups in its first few days of existence, the start-up's actual user numbers for SXSW were at just over 4,000 for the entire three day period." To carve out a place in the local space, Hipster CEO Doug Ludlow plans on using the new financing to double his team -- from three to six -- and to move the entire operation from Los Angeles to San Francisco.

Instead of launching city by city, Hipster will now be launching everywhere in the U.S. at once, on both Web and mobile. Additional investors include Lightbank, Charles River Ventures, Max Ventilla, TechStars David Cohen and David Tisch, Google's Don Dodge, Paige Craig, Ludlow Ventures, and Lerer Ventures.

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