WooMe Raises $12.5 Million Series B; Valuated At $41 Million

Posted Jun 12, 2008

WooMe is a video dating social network that allows users to communicate on webcams. One of the features that makes WooMe popular is Woo Sessions. Woo Sessions are basically webcam video chatrooms. WooMe calls themselves an “introduction platform” according to VentureBeat’s Chris Morrison.

WooMe raised a second round of funding at $12.5 million led by Index Ventures, Atomico, and Mangrove Capital Partners. This brings WooMe’s total funding to $16.9 and now they are valuated at $41 million.

In terms of users, the company say that they have roughly 350,000 users and has 15,000 sessions per day. WooMe hopes to raise about another $500,000 in this round from “strategic angels.” WooMe started in December 2006.