Surfair
1558

Funding round-up: WooMe - and FunnyorDie

Financial trends and news by John Shinal
June 12, 2008 last edited July 10, 2008
Short URL: http://vator.tv/n/290

WooMe logoThe speed dating site WooMe, which we reviewed  back in March, said today it raised a $12.5 million round. 

NewTeeVee first reported the round but had pegged the valuation at $30 million.

Venture Beat said the round was $41 million, which a source at WooMe told me was "very close" to the actual amount.

The round isn't closed yet, with $500,000 left open for "a strategic investor" that will likely be a "media property," our source said. 

Index Ventures led the round and existing investors Atomico and Mangrove Capital Partners also came back for another round. 

WooMe founder Stephen Stokols explained the company's business model and shared his entrepreneurial lessons in previous Vator.tv interviews. 

And Daily Variety is reporting that HBO has taken a small equity stake in FunnyorDie, which last year raised a round that included Sequoia Capital and valued the Will Ferrell-led site at around $100 million.

The deal is part of a partnership that will see FunnyorDie develop content for HBO. 

The site is getting just over 3 million unique users per month, according to the report.