Time Warner Investments-backed social networking company Meebo sells to Google, at a reported $100m valuation.
Meebo, a US-based social networking company backed by cable company Time Warner’s corporate venturing unit, has sold to search engine Google. News provider TechCrunch said the price was around $100m.
In December 2010, Meebo raised $27.5m in its 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.…
