Badoo gets $30m first round funding
February 5th, 2008
International social networking site Badoo got $30 million in first round funding from Russian Investors. The website is valued at $300 million, giving the Investors a 10% stake.
Badoo has 12.7m registered members. Valuation is $23.60 per registered member. Their traffic varies widely with 11.2 million unique visitors in June while lately they are at 5.7 unique visitors per month.
More Information: http://blog.quintura.com/2008/01/21/finam-puts-30-million-in-social-network-badoo/
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