Zoosk gets $30 Million in Funding

Contributed by: Editor on Saturday, December 05 2009 @ 01:03 pm

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In late October Zoosk was celebrating 40 million members (see Story) and had already received $10.5 million in funding over the last year or so. On December 3rd they announced that they had secured an additional $30 Million in Series D Funding. This round of funding was led by the oldest venture capital firm in the United States, Bessemer Venture Partners. David Cowan, a partner at Bessemer Venture Partners will be joining Zoosk's Board of Directors as part of the deal.

Zoosk was launched 2 years ago in December of 2007 by Shayan Zadeh and Alex Mehr (who are now the co-CEOs). They plan to use the additional dollars to continue to build and expand the dating service. Money will also be spent on both online and offline marketing campaigns to increase Zoosk's exposure. Plus, there are rumors of expanding Zoosk to new platforms on the mobile front, including an iPhone App.

For more on the story you can read the press release[*1] . To find out more about this social dating community, read our review of Zoosk.

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[*1] http://prnewswire.com/news-releases/zoosk-secures-30-million-in-series-d-funding-78418052.html