Los Angeles - Serious
Business, a developer of social media applications such as the "Friends
for Sale" game
on Facebook, has raised $4 million in a first round of financing from
Lightspeed Venture Partners, the Inside Facebook blog reported.
Friends for
Sale, which lets Facebook users "buy" and "sell" friends on
the site, claims 600,000 active users.
Serious Business joins a list of other
social media application developers to have raised venture capital that
includes SGN, Zynga, Slide and RockYou.
Related Links:
http://snipurl.com/26czj
(Inside Facebook)
http://www.seriousbusiness.com
http://apps.facebook.com/friendsforsale
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