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Bebo Secures Funding
Filed in archive Business by Mark Brooks on May 23, 2006
Bebo_2
NET IMPERATIVE -- May 22 -- Benchmark Capital (eBay, betfair, MySQL) has taken a stake in Bebo for $15m. bebo will use the funding to expand the US team and open a London office, maintain its market leading position, and develop the business in its other core markets. Bebo is now the largest social networking site in the UK, Ireland, and New Zealand and is also growing rapidly in the U.S., Australia and Canada, with 24m members and 2.5 billion monthly page views. FULL ARTICLE @ NET IMPERATIVE

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