Flixster Raises $5 Million Out Of Desired $8 Million Second Round

Posted Apr 5, 2008

Flixster, the movie review company with a popular Facebook application has raised $5 million out of a planned $8 million second round.  Flixster is essentially a movie review social network that started in January 2006.  Flixster receives roughly 20 million-50 million pageviews per day. 

This round of funding was provided by Pinnacle Ventures and Lightspeed Venture Partners.  In order to compete, Netflix introduced similar social networking and reviewing features within their DVD rental services.

Lightspeed Ventures previously invested around $2 million or less around January 2007.  Here are some of the statistics on the site as of January 2008 (via Wikipedia):

  • User Homepages: 42,122,063
  • Movie Ratings: 1,225,752,033
  • Quiz Questions: 3,017,434
  • Movies: 34,254
  • Actors: 71,934
  • Photos: 1,312,286
  • Videos: 353,672

Information Source:
[1] PEHub: Flixster Raises Second Round