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CEO:
Gina Bianchini
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HQ:
Palo Alto, CA
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Estimated Fully Diluted Shares:
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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 a “one-size-fits-all” offering, a social network on Ning runs on a programmable platform. For the… moreSeller Posts
Identified Potential Buyers: 11
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Identified Potential Sellers: 7
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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
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Documents
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