• Agrees To $1.6 Billion Cash Buyout Led By European Private Equity Firm Permira, Eyes “New Geographies” Agrees To $1.6 Billion Cash Buyout Led By European Private Equity Firm Permira, Eyes “New Geographies”

    Genealogy website — which filed for an IPO back in 2009 — has agreed to be acquired by an investor group led by European private equity firm Permira in a deal said to be worth about $1.6 billion, or $32 per share, the Wall Street Journal is reporting. The paper cites “people familiar with the matter” who point to expansion in Western Europe as a goal. Read More

  • Acquires For $100 Million Acquires For $100 Million

    Utah-based genealogy site just announced that it has entered into a definitive agreement with Silicon Valley-based startup Inflection to acquire its competitor for $100 million is cash and assumed liabilities. Inflection’s other product, people search public records site PeopleSmart, is not part of this acquisition. A number of’s employees… Read More

  • Build an App for MyHeritage and Win $10,000

    Build an App for MyHeritage and Win $10,000

    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 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… Read More

  • Discovers Family Ties Between Madonna And Ellen DeGeneres

    No, we’re not becoming a celebrity blog (yet) but the noteworthy thing is that it’s incredibly hard for technology companies to even buy this kind of publicity: researchers have found that actress Ellen DeGeneres is apparently related to pop star Madonna. Genealogists employed by the company, which offers a subscription-based Web service that allows people to study… Read More

  • IPO Registrations Are Returning From The Shadow Of The Valley Of Death

    Another small sign that the worst of the recession may be behind us: IPO registrations are clawing their way back from the shadow of the valley of death (also known as the first quarter if 2009, when there were zero IPOs registered with the SEC). So far in July and August alone there have been 14 IPOs, as many as in the previous three quarters combined. These numbers and the chart above… Read More

  • Finding Family Is Big Business: Files For $75 Million IPO

    After going a year with nary a venture-backed IPO in sight, here’s more proof that things are finally beginning to perk up:, a genealogy service that allows user to map out and search for their family history, has filed for a $75 million IPO. You can see the full SEC filing here. offers some basic functionality for free, but to tap into the site’s… Read More

  • Geni Clone Growing A Lot Faster Than Geni

    Family genealogy and social newtork Geni got to five million profiles in the first five months after launch. Their early growth propelled them to a $100 million valuation and a lot of positive press. In August the inevitable German clone launched. The clone, called is a near carbon copy of Geni. But unlike most clones, which never do as well as the original application, Verwandt… Read More