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myYearbook

Launched in 2005, myYearbook is a social network aimed at teenagers and has more than 20 million members. The site ranks as one of the 25 most trafficked sites in the United States and the company claims to be profitable with revenues up 120% from 2008 to 2009. Revenue is derived from monthly subscriptions ($6.99 to $19.99), sales of virtual goods, and display advertising. myYearbook has reportedly raised more than $17 million from First Round Capital, Norwest Venture Partners, and U.S. Venture Partners. more

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Company Overview

Launched in 2005, myYearbook is a social network aimed at teenagers and has more than 20 million members. The site ranks as one of the 25 most trafficked sites in the United States and the company claims to be profitable with revenues up 120% from 2008 to 2009. Revenue is derived from monthly subscriptions ($6.99 to $19.99), sales of virtual goods, and display advertising.

myYearbook has reportedly raised more than $17 million from First Round Capital, Norwest Venture Partners, and U.S. Venture Partners.

  • CEO:
    Geoff Cook
  • HQ:

    New Hope, PA

  • Capital Raised:

    $17.1M

Financings

    Round 3

    Series: B
    Type: Second Round
    Date: July-2004
    Total Investment: $13,000,000.00
    Investors:
    • First Round Capital
    • Norwest Venture Partners
    • U.S. Venture Partners

    Round 2

    Type: Debt/Non Eq - Bridge
    Date: June-2004
    Investors:
    • First Round Capital
    • U.S. Venture Partners

    Round 1

    Series: A
    Type: First Round
    Date: January-2003
    Stock: Preferred
    Total Investment: $4,100,000.00
    Investors:
    • First Round Capital
    • U.S. Venture Partners

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