Social dating community Zoosk closes $30M Series D round
Social dating community Zoosk announced the completion of a Series D financing round valued at $30 million and led by new investor Bessemer Venture Partners, with additional contributions from existing investors Canaan Partners and ATA Ventures. According to Zoosk, the funding will support its growing user base, accelerate the firm's global expansion and related marketing efforts, and enable investment in new features and applications. Zoosk has now raised $40.5 million to date.
Launched in late 2007 and available via applications on social networking giants like Facebook, MySpace and Bebo as well as the mobile web, Zoosk boasts more than 40 million members spanning 40 countries. Users purchase Zoosk "coins" to redeem for virtual gifts and other premium features. The company adds it recently hit a $30 million run rate based on premium membership sales, millions of virtual economy transactions and advertising.
For more on the Zoosk funding:
- read this release



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