More Information On RockYou Financing

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J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

Monday, March 5th, 2007

More details on the RockYou financing are leaking, although we still can’t get confirmation from the company or previous investors. A source close to the company says they raised $11 million in this second round at a $50 million post money valuation, most or all from European investor Partech. The company had previously raised $1.5 million from Sequoia Capital and Lightspeed Venture Partners. We’re also hearing that Lightspeed and Sequoia participated pro rata.

All outside data sources suggest RockYou is second to Slide, which raised a large round of financing late last year. However, an investor, Lightspeed partner Jeremy Liew, argues that RockYou is actually bigger than Slide in a comment to our previous post.

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