Anti-Facebook social platform App.net raises more than $700K from users and developers

App.net, a paid social platform being built as an alternative to ad-supported Facebook and Twitter, surpassed its $500,000 crowdfunding goal this weekend, raising more than $700,000 from more than 10,000 backers as of Monday morning.

The project was launched by Dalton Caldwell, who previously founded photo sharing app Picplz and music streaming service imeem. App.net began as a paid service for mobile application developers to get distribution and track performance data. Caldwell has refocused App.net to become a real-time feed API & service that he promises will never monetize with ads.

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