FamilyLink.com, Inc. Raises $2.85 Million in Series B Funding Round

After having raised $1.25 million in its first funding round in August 2007, FamilyLink. com has lately raised $2.85 million in Series b funding round - indicating the fact that the ongoing recession has not hit the apparently growing social networking services. 

Founded in 2006, by Ancestry. com's and MyFamily. com's initial founding executives, FamilyLink. com is the foremost family-centered social networking company in the world. Headquartered in Provo, Utah, the company employs 30 people in the US, and has development offices in India and the Philippines.

The operator of numerous genealogy websites, FamilyLink. com has quite a few well-liked applications on Facebook, MySpace, Hi5, Bebo, and Friendster. In fact, the social network's "We're Related" Facebook application - which has enabled users characterize over 150 million family connections - ranks third in terms of popularity.

In addititon, the AdMazing ad network of the company - which became a money-spinner in late 2008 when it was settling its fund-raising attempts - represents over 200 million monthly impressions on the high-traffic heritage and family history sites.

FamilyLink. com aims at becoming the global leader in family social networking on all social networks and mobile platforms. As per the December 2008 Quantcast statistics, the company ranked among the top 500 web companies world - presently, FamilyLink. com ranks No. 164 based on total monthly unique visitors, thereby making it a fast-growing web property!
 

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