FamilyLink.com, developer of the Facebook application We’re Related, has raised $2.85 million in Series B funding as social networking services continue to grow despite the economic situation. The funding was led by vSpring Capital and TTP Capital Advisors of Japan.
We’re Related is one of the most popular applications on Facebook. It is used by nearly a million people every day. The company’s flagship social networking site will launch later this quarter at FamilyLink.com.
FamilyLink.com turned profitable in late 2008 as it was finalizing its fund-raising efforts. The company employs 30 people in the U.S., including in Seattle, WA, Boulder, CO, and its headquarters in Provo, Utah, and has development offices in India and the Philippines.
The company’s goal is to become the global leader in family social networking on all social networks and mobile platforms.
Originally posted on February 25, 2009 @ 1:00 pm