Respectance gets funding to the tune of $1.5 million

Mashable is reporting that social networking site Respectance has taken a Series A round of financing to the tune of $1.5 million. What makes Respectance unique is that pages are built for those who have deceased.

Pete notes, "Certainly, a 'social network for the dead' has the kind of simple premise that the mainstream media can latch onto. Meanwhile, we tested the site a few weeks back and liked it: with a nice, usable design and support for multimedia like photos and videos, it’s very well executed."

Assuming the Internet isn't going away anytime in the next 60 years, this type of site could be very valuable. A young child can learn about their grandparents from family and friends across the world.

It might be also a good place for each of us to live an "Internet Will" online.  Last month, I spoke with SharedBook, who handles the technology for Legacy.com, a site that scrapes gets obituaries from newspapers across the nation and creates printable books from the comments.

I guess when the living is so overwhelmed with social networking, those who have passed on is a good place to market to.