myYearbook raises $13 million to drive growth and new offerings
Teen destination myYearbook.com has raised $13 million in Series B funding from Norwest Venture Partners (NVP) with existing investors, US Venture Partners and First Round Capital, participating. myYearbook will use the funds to develop new services for its members and continue to drive revenue.
“When looking at investment opportunities in the consumer internet sector, we found myYearbook offered the most attractive and engaging value proposition for both members and advertisers alike. The company has created a service that is highly valued by its members and a platform for marketers to reach and engage this audience in a friendly and effective way,†Sergio Monsalve of NVP said
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