San Francisco - Flixster, an online social network for movie fans, has raised around $2 million in a new round of venture capital financing from LightSpeed Ventures, TechCrunch reported.
The San Francisco-based site, which lets members rate and discuss movies, counted over 1 million unique users and 31 million page views in December.
TechCrunch reported that there was heavy competition in the round, from firms including Sequoia Capital and Kleiner Perkins, adding that there were rumors Hollywood studios also sought to invest in or possibly acquire the company.
Related Links:
http://tinyurl.com/2qqzw8 (TechCrunch)
http://www.flixster.com
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