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ACQUIRED COMPANY
 
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Friendster  Acquired by MOL Global (2009 $ 100,000,000)

800 W El Camino Real, Suite#170
Mountain View, CA 94040
USA
(650) 964-4966
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Russell Siegelman (Kleiner Perkins Partner) Jonathan Abrams (Friendster Former CEO) Josh Hannah (Benchmark Executive In Residence) Butch Reddy (IDG Ventures General Partner);  Robert C. Kagle (Benchmark) Tim Koogle (Yahoo!) Roger Lee (Battery Ventures)
Former outside board: L. John Doerr (Kleiner Perkins)
Company

Business description: Friendster is a leading global online social network. Friendster is focused on helping people stay in touch with friends and discover new people and things that are important to them. Friendster is one of the best sites that allow people to meaningfully participate with others in exciting and fun ways. Friendster prides itself in delivering an easy-to-use, friendly and interactive environment where users can easily connect with anyone around the world via www.friendster.com or m.friendster.com from any Internet-ready mobile device. Friendster has a growing portfolio of patents granted to the company on social networking, with more expected over the next several months.
Customers include: BLOX
Partners include: Crackle Pandora
Capital

Rounds: 5
Recent Fundings: Aug 2008   Aug 2006
Capital raised: 43.0M
Last Round: 20.0M
Ownership: Acquired by MOL Global (2009 $ 100,000,000)
VCs include: Battery VenturesBenchmarkKleiner PerkinsRidge VenturesCorner Ventures ;  Siguler Guff Advisers

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Overview
Record updated: Dec 2009
Sector: Internet
Year Founded: 2002
Headcount: 51-75 as of Jul 2006
Rounds: 5
Recent Fundings: Aug 2008   Aug 2006
Capital Raised: 43.0M
Last Round: 20.0M
Ownership: Acquired by MOL Global (2009 $ 100,000,000)