meebo Now $12.5 Million Strong After Series B

Amit Chowdhry | Thursday January 18, 2007 | 761 views
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meebo logoAs you know, you cannot always access your instant messaging software at every computer that you go to.  I especially noticed this when I was in India for 5 months this past year.  When I was walking around different computer labs in India, I noticed some of people around me using meebo.  meebo allows you to access your buddies on any computer with an Internet connection for the MSN, AIM, ICQ, Yahoo!, Google Talk, and Jabber IM clients.

meebo raised $3.5 million from Sequoia Capital in December 2005.  Roelof Botha of Sequoia led the funding.  And now meebo has raised $9 million from Draper Fisher Jurvetson (DFJ).  Through the funding, Tim Draper of DFJ has joined the meebo board of directors.  Draper Fisher Jurvetson has also previously invested in Hotmail and Skype.  Speaking of DFJ, about 9 days ago Pulse 2.0 also wrote about DFJ investing into companies, PayPerPost and Boxbe.

With this new round of investment, meebo hopes to find new ways to monetize the service without using the ‘punch the monkey’ ad banners.  meebo also hopes to get into the mobile market as well.

[Source: meebo blog and TechCrunch]



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