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Friendster to Get $20Million and New CEO Richard Kimber

     
5:26 pm on Aug 5, 2008 (gmt 0)

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Friendster to Get $20Million and [bits.blogs.nytimes.com]New CEO Richard Kimber
The pioneering social network, surpassed by MySpace and Facebook in most of the world, is still going strong in Asia, and now it plans to build on its success there. On Tuesday, the company will announce a $20 million investment round and a new chief executive, Richard Kimber, the regional managing director of South Asia for Google.
The funding round is led by IDG Ventures and includes past Friendster backers such as Kleiner Perkins Caufield & Byers and Benchmark Capital.
12:03 am on Aug 7, 2008 (gmt 0)

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Wow, who knew Friendster was still alive? And worthy of a $20 mil investment? Good for them...
1:28 pm on Sept 27, 2008 (gmt 0)

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They are still really popular in Asia.
 

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