Web 2.0 fundings continue to come fast and furious, with widget and
social applications developer RockYou extending its already impressive
roster of investors with the addition of DCM, leading a $35 million
Series C
round
for the two-year-old company, its first with a specific amount
attached.
Despite having kept mum on the actual dollars that came into
previous rounds, the
grapevine pegs it at $10 million to $15 million. There's little doubt RockYou has gotten plenty of
attention,
with big names Sequoia Capital and Lightspeed Venture Partners
underwriting its first round, and Partech International coming into
what surely must have been a competitive second round in May 2007.
The company is less shy about releasing its numbers this time around, flexing its muscle at a time when advantage in landing
ad dollars will redound at least partially to brands with
clear staying power. And RockYou CEO Lance Tokuda says that despite
growing from 100 million page views a year ago to 2.7 billion page
views, he expects the company's biggest growth to come in the
next year.
RockYou is still coy about some of its numbers, though. Tokuda says the
current round reflects the company's 27X growth, but would only say
the valuation of the current round falls "somewhere between 1X and 27X
the valuation of the B round."
-- Clifford Carlsen
See June 9 press release from RockYou
See October 2007 post from Tech Confidential
For more see
paidContent,
Mashable.com,
TechCrunch and
GigaOm
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