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January 29, 2008

Turkish SocNet Yonja Raises $12.5M

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Turkish social network Yonja has raised $12.5M in Series A funding says PeWire. Backers include Greywolf Capital Partners and Tiger Global Management. The firm is led by founder and CEO Kerim Baran, who was educated at Harvard Biz and Siebel before launching Yonja.

Founded in 2003, Yonja.com is by all accounts the leading Turkish online social networking service It currently lays claim to over 1B page views per month and nearly 5M members.

Interestingly, Yonja has its HQ in San Francisco. The parent company, Yonja Media Group team, also launched MetroListe.com (a craigslist for Turkey) and 7inci.com (a DailyCandy for Turkey) and Nolyo.com (a Twitter for Turkey).

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Posted on January 29, 2008 02:31 AM | Posted to Social Networking | Permalink

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