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.