History of StumbleUpon
StumbleUpon - A Success Story pr 20 Million users 1 Billion |Bought back from Stumbles per month su.pr Allows Ebay |New SU No signup required The Serendipitous Discovery Engine stumbling from within 15 Million usere 500 Thousand a website 70% Sign ups per month Traffic drop year on year 2008 800 Million $75 Million ebY 118% Recommendations STUMBLETHRU 2011 per month Growth in traffic Bought by 2010 $17 Million SERIES B Funding year on year |Move to San Francisco Founded 10 Million users ISTUMBLEVIDEO Total funding: $18.5 Million April 2009 -> Raiaes Series A of funding (rumored $29M). which ia folded into buying the company from Ebay (http://www.crunchbase.com/company/stumbleupon) April 2009 -> Bought back by 2 of the original owners plus "several investora" for rumored $25mil (Techcrunch http://techcrunch.com/2009/04/30/atumbleupona-ebay-apinoff-valuation-29-million/) May 2010 -> Reports 118% growth in users from the year previous (http://www.stumbleupon.com/sublog/atumbleupon_by_the_numbera/) and 5.4 BILLION recommendations March 2011 -> Raises $17M in Series B funding in March 2011 (http://www.stumbleupon.com/aublog/inveetors-give-stumbleupon-a-big-thumbs-up/) March 2011 -> Reports over 800 million recommendations a month (PRnewswire http://www.pmewawire.com/news-releases/stumbleupon-raises-17-million-in-funding-117668098.html) August 2011 -> Maahable reporta 15 million usera and aignupa of around 500k per month (http://mashable.com/2011/08/19/stumbleupon-social-traffic/) Sources 2001 -> Took 1.2 million in angel funding (http://www.crunchbase.com/company/atumbleupon) December 2005 -> receives $1.5M in seed funding (http://www.crunchbase.com/company/atumbleupon) July 2008 -> Traffic reportedly drops by around 70% from a year previous (according to Comacore) Auguat 2011 -> 1 billion stumbles per month (http://en.wikipedia.org/wiki/StumbleUpon) October 2010 - Reports 12 million members (Mashable http://maahable.com/2010/11/01/stumbleupon-12-million/) http://maahable.com/2011/10/12/atumbleupon-20-million/ distilled $29 2009 2006 2005 $1.5 million angeng 2001
History of StumbleUpon
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