about.me Raises $11M in Series B Funding

aboutme_logoabout.me, a San Francisco, CA-based online identity platform, raised $11m in Series B funding.

The round was led by Foundry Group, with participation from True Ventures, SoftTech VC, CrunchFund and Bullpen Capital. Foundry Group’s Managing Director Brad Feld will join about.me’s Board of Directors.

The company intends to use the funds to further develop the platform to expand to new verticals and build on its existing product.

Co-founded in December 2010 by CEO Tony Conrad and Ryan Freitas, about.me allows users to create and maintain a page for self-expression. The platform offer features including bios, contact information and buttons that link to social network content, including Facebook, LinkedIn, Twitter, WordPress, Instagram, etc. Users can also customize their profile with personal photos, custom backdrops, colors and fonts.
Additional features include Collections, Replies, Compliments, Invite Friends, Search.

Acquired by Aol shortly after it launched publicly, in February 2013, Conrad and Freitas bought back the company and since then have been focusing on user acquisition and engagement. It currently has over 4.5 million users.

about.me previously raised $5.7m in Series A funding from True Ventures, Google Ventures, SoftTech VC, SVA Capital and Aol Ventures.

FinSMEs

10/06/2014

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