Project Hi-Fi

Project Hi-Fi, based in < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />San Francisco, bills itself as a social networking website, has raised $300,000 of a $1 million round. The company’s product is still in stealth, but Steven Carpenter, a company executive admits that that description is a little coy. Expect news out on this company in Q1 2007.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />