VC Private Financings for Social Networking Websites

Friendster raises $20,000,000

Friendster Inc. said it had obtained $20 million in funding, most of which will go to hiring professionals and setting up offices in Asia.  According to the June 2008 findings of comScore Media Me-trix, Friendster is the top social network in Asia with over 55 million registered users and 33 million monthly “unique visitors” from […]

myYearbook.com raises $13,000,000

myYearbook.com, one of the most popular social media destinations on the Internet, announced today that it has secured a $13 million Series B investment.  According to Comscore’s June report, myYearbook is now the leading online community for teens as measured by time spent and visits. myYearbook is also the fastest growing US social networking site […]

MeetUp raises $7,500,000

MeetUp Inc., the New York-based “Web meets world” company, has raised $7.5 million in Series D funding.  “Use the Internet to get off the Internet!  Meetup Groups are today’s support groups, parent playgroups, citizen groups, fitness groups, book clubs, professional groups, and other powerful local groups!”  (many elements of a social networking website.)

Biosocia raises $1,500,000

Biosocia Inc., a New York-based developer of online communities that are structured like games, has raised $1.5 million in Series A-1 funding.  The company was founded in 2006, and its first product is called I’m in Like with You.

LinkedIn raises $53,000,000

LinkedIn Corporation, creator of the world’s largest professional network, today announced that it has secured USD 53 million in funding.  “LinkedIn takes your personal business network online, giving you access to people, jobs and opportunities like never before. Built upon trusted connections and relationships, LinkedIn has established the world’s largest and most powerful business network. […]

WooMe raises $12,500,000

WooMe Inc., the world’s largest live introductions platform, today announced the closing of a Series B, totaling $12.5 million.  WooMe is the world’s largest live introductions platform and extends the concept of speed dating online to allow users to meet live in timed sessions via webcam. There are no questionnaires, lengthy profile descriptions or software […]

Zoosk raises $4,100,000

Zoosk Inc., the fastest growing social dating network in the world, announced today it has completed its second round of funding, raising $4.1 million.  “We have quickly become the dominant player in the social dating space and we plan to continue to rapidly expand our user base across even more social networks,” said Shayan Zadeh, […]

Sonico raises $4,300,000

Sonico, a Buenos Aires-based operator of a social network for Latin America, has raised $4.3 million in Series A funding.  Sonico (www.sonico.com) is a social utility that allows users to connect with real-life friends and share information, photos and videos in a safe, organized and fun environment. Since its launch in July 2007 it has […]

Outside.in raises $3,000,000

Outside.in Inc., the web’s leading platform for neighborhood news and conversation, announced a $3 mm round of financing.  Outside.in (http://www.outside.in) is the web’s leading platform for neighborhood news and conversation. Outside.in’s technology dynamically maps web content to offline locations, which enables hyperlocal news discovery and sharing for consumers and provides powerful tools for content creators […]

GamerDNA raises $3,000,000

GamerDNA Inc. announced that it completed a $3 million Series A financing.  The company, previously known as GuildCafe Entertainment Inc., will use the funds to expand product development, open new offices in Cambridge’s Central Square, and launch GamerDNA.com - a community that allows videogame players to join forces with friends, share their stories and discover […]