Social Network Application Developer RockYou Gets $50 Million

Authored by Mark Hefflinger on November 17, 2009 - 7:34am.

San Mateo, Calif. - RockYou, a developer of social network applications and advertising technology, has raised $50 million in its fourth round of venture capital financing from existing investor Softbank, TechCrunch reported.

Founded in 2005, San Mateo, Calif.-based RockYou develops social networking applications, and also serves ads within its own and other developers' applications.

The company's applications, which include a popular photo slideshow used on MySpace and Facebook's Superwall, count 213 million monthly users, when third-party apps RockYou also serves ads for are included.

The company has now raised a total of $119 million.

Related Links:
http://snipurl.com/ta3di (TechCrunch)

http://www.softbank.co.jp/en/index.html

http://www.rockyou.com