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Company Specialist
Gregory Dietrick West Shore Advisors, Inc.
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Ning
Ning is an online platform that gives people the freedom to create their own social networks for anything. Ning offers the latest social networking features, all infinitely customizable to meet the user’s unique needs. The Ning Platform makes this possible. As a platform, users don’t have to appeal to Ning for the features they want. If a developer has the time and the inclination, he or she can build them his or herself. It’s the software equivalent of Home Depot. Unlike other services that offer… more
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Company Overview
Ning is an online platform that gives people the freedom to create their own social networks for anything. Ning offers the latest social networking features, all infinitely customizable to meet the user’s unique needs. The Ning Platform makes this possible. As a platform, users don’t have to appeal to Ning for the features they want. If a developer has the time and the inclination, he or she can build them his or herself. It’s the software equivalent of Home Depot. Unlike other services that offer a “one-size-fits-all” offering, a social network on Ning runs on a programmable platform. For the less technologically sophisticated, network creators can set up a social network with point and click setup options.
Ning generates revenue through traditional advertising and premium services: running ads on your social network costs $24.95 per month, and using your own domain name costs $4.95 per month. As of March 2008, Ning powered more than 200,000 social networks and was adding more than 1,000 new networks per day.
In April 2008, Ning co-founder Marc Andreessen stated, “We have raised about $60M net at $500M pre from a set of institutional investors.” Total funding estimates for Ning are $104 million with funding from Mr. Andreessen, Legg Mason, and Allen & Company.
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CEO:
Gina Bianchini
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HQ:
Palo Alto, CA
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Capital Raised:
$104M
Financings
- Type: Series E or greater
- Date: July-2009
- Total Investment: $15,000,000.00
- Investors:
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- Lightspeed Venture Partners
- Legg Mason
- Type: Series D
- Date: April-2008
- Total Investment: $63,000,000.00
- Type: Series C
- Date: July-2007
- Total Investment: $48,600,000.00
Round 5
Round 4
Round 3
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News
Documents
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Incorporation Amendment6 | 02/04/10 | Log in / Register to view | |
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Incorporation Amendment3 | 05/01/09 | Log in / Register to view | |
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Incorporation Amendment4 | 05/01/09 | Log in / Register to view | |
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Incorporation Amendment5 | 05/01/09 | Log in / Register to view | |
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Incorporation Amendment | 05/01/09 | Log in / Register to view | |
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Incorporation Amendment2 | 05/01/09 | Log in / Register to view | |
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FormD 01-08 | 05/01/09 | Log in / Register to view | |
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FormD 04-08 | 05/01/09 | Log in / Register to view | |
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FormD 05-08 | 05/01/09 | Log in / Register to view | |
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FormD 10-08 | 05/01/09 | Log in / Register to view | |
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Incorporation | 05/01/09 | Log in / Register to view | |