Meebo Raises $25 Million In Funding Led By Khosla
Web based instant messaging service Meebo.com has raised $25 million in funding. Khosla Ventures was the lead investor in Meebo and Khosla partner Gideon Yu will become a board observer.
This is Meebo’s Series D round of funding. Sequoia Capital and DFJ also participated in this round. This brings Meebo’s total round of funding to $60 million.
Vinod Khosla said that he is interested in how Meebo is making websites more social through their web-based toolbar. Meebo is introduced a new website check-in service on the toolbar soon.
Meebo makes money through ad-sharing deals with publishers. About 87% of their advertising partners in 2009 had returned in 2010. The Meebo Bar also has a 1% click-through rate.@amitchowdhry or on Google+ at +AmitChowdhry