In December, Meebo raised $27.5m in its slightly extended series D round and has used the money to buy Mindset Media.

Meebo, a US-based social networking company backed by cable company Time Warner’s corporate venturing unit, has Mindset Media, a developer of advertising targeting technology for an undisclosed amount.

In December, Meebo raised $27.5m in its slightly extended series D round.

Venture capital firm Khosla Ventures led the D round and was joined in the consortium by four of Meebo’s six previous investors: VC peers Sequoia Capital, Draper Fisher Jurvetson (DFJ) and Jafco and Time Warner Investments. The two non-participants…