Social Networks Reunion.com and Wink Merge; $100M in Revenues Combined This Year
Two lesser-known social networks Reunion.com and Wink have merged. The two sites focus on people and alumni/classmates search, and now plan to launch a new brand early next year. Terms of the deal were not disclosed. The combined services will also integrate people search results from other major social networks.
SEE ALSO: Social Net For Old Friends Reunion.com Receives $25 Million In Funding
Reunion.com, based in Los Angeles, was founded in 2002 by Jeffrey Tinsley, founder and former CEO of GreatDomains.com. It received a big $25 million round last year from PE firm Oak Investment Partners. Wink, based in Mountain View, Calif., started as a social search site and then went on to become a people search site. The company was initially funded by Cambrian Ventures and Greylock Partners, but later founders bought back the shares. More details in release.
Update: Reunion.com is making $55 million in revenue this year, according to the company, reported in VB, and expects to make more than $100 million based on its merger with Wink, and a distribution deal for the two companies’ combined people search product.
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, reunion.com, wink
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