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Social Network Meetup Connects With Funding

By Daya Baran at July 23, 2008 0 Comments

Event organizing site Meetup, has received new funding from Union Square Ventures. No other details were released. Fred Wilson of USV’s writes about it on his blog: “Meetup is a perfect investment for our firm because it’s a company we know well and a service we use all the time. We have been wanting to invest in Meetup for years but we never could find the right entry point that worked for us and the company and its founders.”

Meetup, founded in 2002 by Scott Heiferman, has also raised $2 million from eBay for a 10 percent equity stake. Other investors include included Omidyar Network, Draper Fisher Jurvetson, Esther Dyson and Allen & Co.

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