Like.com’s Perfect Timing: $32 Million Series C Round
October 21, 2008 at 23:31 PM EDT
Silicon Valley based Like.com managed to raise a monster round of financing at just the right time: $32 million in Series C round of funding that closed in August, led by Menlo Ventures . Crosslink Capital also joined the round, as well as all previous investors. Prazan Vazirani from Menlo also joined the company's board of directors. The valuation was north of $100 million, says a source close to the company. All employees with vested shares had the opportunity to sell shares in this round as well, although I don't know what percentage of the $32 million went off the table.