Social Networking - Tuesday, November 4, 2008
Reunion.com Buys People Search Engine Wink.com
LA-based social network Reunion.com has bought people search engine Wink. No financial terms were disclosed. Reunion.com has raised over $27M in VC funding from firms like Oak Investment Partners. Wink had raised roughly $6M from Cambrian Ventures and Greylock Partners.
Reunion.com says that a new brand and Web site will launch early next year. Reunion says it is profitable and is growing at a rate of more than 1.6M new members per month.
From the outside it seems like Reunion is facing a tough long-term environment as social network consolidates around Facebook, MySpace and LinkedIn or regionally around Bebo in the UK, Orkut in Brazil, etc. So a search engine to help find people will lose some value if you can just search Facebook and be pretty sure you will find that person. That said, for now Reunion is charging along.
A Reunion.com Walk-through
View - Wink.com site
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