BranchOut : 25 Million Professionals and Growing

True to its name, the biggest professional networking application on Facebook is branching out: BranchOuthas more than doubled its Facebook userbase over just two months, now surpassing 25 million users.

At least three new people sign up for BranchOut every second, on average. Roughly half the new signups come from people outside the U.S., primarily Europe, Australia, Canada and India.

And since BranchOut added mobile functionality in late February, some 40 percent of new signups come from handheld devices.

The company recently closed $25 million in Series C financing led by the Mayfield Fund. Previous investors Accel, Norwest Venture Partners and Redpoint Ventures also participated in the round, bringing BranchOut‘s total funding to $49 million.

The latest funding will allow  BranchOut to expand its San Francisco-based team of 45 people.

BranchOut Facebook App Reaches 25 Million Users, Raises $25 Million [Infographic]

Advertisements

2 comments

  1. pp

    good statisics!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: