Online Social Network Reunion.com Raises $25 Million

Authored by Mark Hefflinger on April 16, 2007 - 10:23am.

Los Angeles - Reunion.com, an online social network with 28 million users that targets adults who want to keep in touch with friends and family, announced on Monday that it has raised $25 million in a new round of venture capital financing, led by Oak Investment Partners.

Founded in 2002, Los Angeles-based Reunion.com said it counts 8 million unique monthly visitors, who are conducting 60 million people searches monthly.

The company, which is adding nearly a million new members each month, says it has been profitable since its inception.

Reunion.com previously raised $1.4 million in angel funding.

The company will use the new funds to accelerate growth, as well as for strategic acquisitions.

 

Related Links:
http://tinyurl.com/3dadbq

http://www.reunion.com

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