WooMe's Early Success is Rewarded With $3 Million Bridge Round to Grow Its Live Introductions...
Date: February 7th 2008
WooMe's Early Success is Rewarded With $3 Million Bridge Round to Grow Its Live Introductions Platform Round led by Mangrove Capital and includes existing investors while adding Oliver Jung of StudiVZ to help with international expansion
LOS ANGELES, Feb. 7 /PRNewswire/ -- WooMe (www.woome.com), the recently launched live introductions platform, today announced that it has received a $3 million bridge round led by Mangrove and includes previous investors Atomico (founded by Niklas Zennstrom and Janus Friis), Klaus Hommels, and has added Oliver Jung to help assist with international expansion.
"WooMe is a completely new way for people to connect and hang out online and we are very pleased with the company's growth," said Mark Tluszcz of Mangrove, number 30 on the recently published Forbes Midas list. "The potential applications for WooMe's platform are endless and we're delighted to be a part of this success story." From its beta launch less than three months ago, WooMe has demonstrated strong user traction by facilitating over 250,000 introductions in 20 countries.
"WooMe has developed a strong user base in only 10 weeks after the site launch and our investors want to continue supporting our traction," said Stephen Stokols, Founder and CEO of WooMe. "With this funding we can focus our efforts on improving the user experience, releasing key functionalities to our live introductions platform, and expanding our international presence where we are enjoying early success."
About WooMe
WooMe (www.woome.com) was launched in November 2007 by a high-profile, international management team with experience in bringing innovative web applications to market for companies including: AltaVista, CMGI, British Telecom, Accenture, Qwest, Shopzilla, and Trilogy. Stephen Stokols, co-founder and CEO, was British Telecom's youngest vice president, growing the company's eCommerce revenues over 300 percent, to more than $1bn in his first 12 months. George Berkowski, co-founder and Product Director, brings extensive technical and marketing experience in the online space as well as outer space (he was part of the team at MirCorp which arranged the first tourist mission to the International Space Station).
WooMe is an international company with offices in Los Angeles, San Francisco, and London. WooMe's investors include: Atomico Investments, Mangrove Capital Partners, the founders of StudiVZ, and Klaus Hommels ("European Investor of the Year," 2006).
Media contacts:
Kathy Johnson
Consort Partners
+1 415-823-9566
email: woome at consortpartners.com
