Social Dating Community Zoosk Gets $30 Million in Series D Funding
By Anna Johnson on December 10th, 2009Zoosk, which bills itself as the world’s largest social dating community, has closed a $30 million Series D round of funding, led by Bessemer Venture Partners, accompanied by existing investors Canaan Partners and ATA Ventures.
Zoosk will use the funds for continued global expansion, marketing activities in key geographies, and investments in new features and applications.
According to the company, since launching in December 2007, Zoosk has attracted more than 40 million singles from more than 40 countries. Zoosk lets people join its community via its website, as well as via the Zoosk application on such social networking sites as Facebook, MySpace, Bebo, Hi5, and Friendster, and Zoosk mobile.
Zoosk – which recently hit a $30 million run rate based on revenue booked for the sale of premium memberships, millions of transactions in Zoosk’s virtual economy, and advertising – has now received $40.5 million in funding to date.
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