A big day for online genealogy sites: MyHeritage, an Israel-based site that lets people research and their family histories and make family trees, has raised $25 million in new funding, and it has bought out one of its rivals, Geni.com — the company that originally begat Yammer, which now owned by Microsoft. The purchase was an eight-figure deal in cash and equity, according to MyHeritage… → Read More
MyHeritage, Israel’s best hope of having a big Web 2.0 winner, keeps marching along, leaving Geni further in the dust and proving a surging challenger for already-public Ancestry.com.
The company has nearly 60 million registered users, who have uploaded 20 million family trees, 800 million profiles and 125 million photos on the site. All of that inventory is helping fulfill the early promise of… → Read More