The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Social Apps Distributor RockYou Adds $17 Million For $52M Third Round

  • Comments Comments (View)
  • Text Size: A A

Widget and social app firm RockYou is adding $17 million to its already hefty third round. Back in June, the San Mateo, Calif.-company started the round with $35 million led by DCM, with participation from several undisclosed backers. This latest capital infusion comes from Softbank and SK Telecom Ventures, the venture-capital arm of SK Telecom (NYSE: SKM), giving the company $52 million for the round and a total of $67 million for all three rounds.

SEE ALSO: Social Apps Firm RockYou Gets Its Big One: $35 Million Third Round

The proceeds will go towards supporting a number of RockYou’s ambitions. That includes extending its presence in the Asia-Pacific market, such as building its widgets and apps into China’s largest social network, Xiaonei; working with SoftBank on a joint-venture company to develop products and services for use on PCs and mobile devices in Japan, Korea, Russia; and opening new offices in New York, Los Angeles and Detroit. RockYou is also considering acquisitions. Release

Nov 3, 2008 9:13 AM ET

Posted In: Advertising, Marketing, Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Asia, dcm, rockyou

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Hulu Movies Hulu Movies
1. Amélie
2. Proof
3. Far North (2008)
4. Doubt
5. A Swedish Midsummer Sex Comedy (Antligen…
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff