Thursday, June 12, 2008

WooMe Raises $12.5

Los Angeles-based WooMe, an online speed dating web site, has raised $12.5M in a venture funding round, the firm's CEO, Stephen Stokols, told socalTECH this morning. The round was led Index Ventures, with Atomico and Mangrove Capital Partners also participating. Stokols said that Atomico "upped their stake considerably" in the deal. He also said there has been an additional $500K held aside for 1-2 strategic angels, which the firm expects to close in the next 90 days. Stokols explained that the new funding will be used to support growth at the firm, international expansion, key hires, and some notable new functionality rolling out in July. News of the funding first leaked from NewTeeVee, which covers the new media sector.

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