Monday, June 16, 2008

WooMe is the world's largest live introductions platform and extends the concept of speed dating online got VCs funding

What Company Is Offering:

WooMe is the world's largest live introductions platform and extends the concept of speed dating online to allow users to meet live in timed sessions via webcam. There are no questionnaires, lengthy profile descriptions or software to download, users can simply find a speed session that interests them, join and meet five people in five minutes. WooMe is easy, fast and free allowing users to meet new people around any shared interest for fun, to hook up, or for pure entertainment. With WooMe, meeting people online is transformed into a face-to-face experience that makes sifting through static profiles a thing of the past.

How Much They Got From VCs:

WooMe, the world's largest live introductions platform, announced the closing of a Series B, totaling $12.5 million. The round was led by Index Ventures with existing investors Atomico and Mangrove Capital Partners also participating. The new capital will go toward supporting user growth, expanding internationally and introducing new functionality to the site.

"WooMe is pleased to be working with such established and well-regarded investors in its mission to evolve social networking and bring real time introductions to the world," said Stephen Stokols, co-founder and CEO of WooMe. "Users are signing on to meet new friends, travel partners and even soul mates; we are certainly well-positioned to succeed in this market by establishing a strong first mover advantage and reaching a critical mass of users.

With these strategic investments and partner relationships, WooMe is expanding its reach rapidly. Within the first six months of launch WooMe has demonstrated significant user traction.

More at: www.woome.com.

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