Lujure Creates Business Value on Facebook for 65,000 Companies; Announces $500K Funding from Prominent Angels for Growth and Expansion

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Lujure Helps Businesses and Consultants Create and Customize Facebook Fan Pages Quickly, Easily, Affordably

Lujure today launched its service for helping businesses and social consultants create and customize Facebook fan pages quickly, easily and affordably. Focused on creating business value on Facebook, Lujure has developed a solution so sleek that it has attracted the attention of a set of stellar individual investors and angels. These investors, from companies such as Rackspace and TechStars and others have combined to contribute $500K funding to a company already approaching $1.5 million in revenues with recurring revenue growth at a robust 20% per month. The company has already enabled the creation of 100,000 Facebook tabs over the last year alone.

Lujure, created around the idea of empowering brands to create remarkable experiences with their fan pages, was started by Nathan Latka while he was still an undergraduate student at Virginia Tech. Latka saw a huge opportunity to help businesses, especially SMBs, take full advantage of Facebook and teamed up with his founders, Josh Gunter and Brian Putt, to create an ultra simple, ultra quick tool any business can use, with no technology expertise at all, to create and customize their own Facebook page and presence. In the tool’s first full year on the market, it has helped create 100,000 Facebook tabs, which have attracted 50 million engaged fans to date.

“I am certainly biased toward innovation happening in and around Virginia Tech,” said Pat Matthews, a Virginia Tech alumnus and co-founder of Webmail.us, another company created in Blacksburg, VA, that sold to Rackspace in 2007. “Nathan and team have created an explosive business that helps businesses market themselves on Facebook. I believe strongly in the team and product, and I love the traction they’ve experienced in such a short period of time.”

Matthews, now Senior Vice President at Rackspace, is part of an amazing set of funders who have contributed $500K to Lujure. Others include Bill Boebel, co-founder of Webmail.us acquired by Rackspace, now an angel investor and managing director of Capital Factory and David Cohen, founder and CEO of TechStars, and before that technology companies like earFeeder and PinPoint.

Though Lujure did not need funding, and in fact had to turn down offers from many investors, Latka accepted the $500K as an opportunity to engage this amazing collection of technology executives to work together to further the success of Lujure and its growth. While the focus is now on Facebook fan pages simplified for businesses, the foothold Lujure is strengthening with SMBs gives it a unique opportunity to engage with them on many more aspects of social marketing.

“From the first time I spoke with Nathan, it was clear that he had a fantastic vision for Lujure and that he knew his stuff cold,” said David Cohen, TechStars founder. “The Lujure vision of the simple and affordable 'all-in-one' online marketing resource fills a big hole in the market, and I'm thrilled to be involved.”

Lujure focuses on companies, especially SMBs, that know a Facebook presence is nearly as business-fundamental as a website. But Lujure is also working with the social media consultants who advise SMBs on all things social. Additionally, Lujure has been working with big businesses and brands, especially those focused on SMBs, to have their own private label version of Lujure to offer to their own customers.

“I knew when we started Lujure that there was a need for tools to help businesses take full advantage of Facebook,” said Lujure founder, Nathan Latka. “And the data indicated a big market opportunity. But I never imagined just how quickly Lujure would take off, to help so many businesses, all just from word of mouth. In just 15 months, to amass 65,000 customers… well, it’s immensely gratifying to have delivered a solution so much in demand, and I’m thrilled to launch it officially today”

Lujure’s Facebook creation tool requires no code, and no technical coding experience. The lightening fast set up enables customization within minutes, and simple drag and drop to bring pages together. Any brand can use the service for free. Many choose to upgrade to $30 per month, popular for SMB’s, or $300 per month, popular for social consultants who sell social services. The top plan is a full white label and includes other value add services like client manager, custom icons, ability to access all templates. Both packages enable unlimited tabs and pages. Lujure also offers a non profit discount of 50% to eligible organizations.

Available immediately, users can sign up for and use Lujure, and create their fan page, literally in minutes, at http://www.lujure.com.

About Lujure:
Based in Blacksburg, VA and funded by a set of technology executives with immense success of their own, Lujure was created to help businesses take full advantage of Facebook. Enabling businesses of all sizes to quickly, easily and affordably create and customize Facebook Fan pages, Lujure has helped create 100,000 pages which have attracted over 50 million fans, in just the 15 months since Lujure has been live. To put Lujure to work for your business, or just to get more information, see http://www.lujure.com.

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Laura Beck
Lujure
(512) 786-1098
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