San Mateo, Calif. - RockYou, a developer of social applications and widgets that enable photo slideshows, glitter text, voicemail and other features, has raised $1 million in new financing from Doll Capital Management (DCM), VentureBeat reported.

RockYou was reportedly seeking up to $70 million at a $400 million valuation, but has temporarily settled for the $1 million infusion while it ponders whether to pursue a larger funding round or sell the company.

Founded in 2006, San Mateo, Calif.-based RockYou claims over 35 million users, and serves over 180 million widget views per day.

The company has to date raised a total of $13.5 million, including an $11 million round last year.

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http://snipurl.com/2axp5 (VentureBeat)

http://www.rockyou.com