This is the 4th acquisition for MyHeritage:
- In 2007, MyHeritage.com acquired Pearl Street Software, a leader in genealogy software programs based in Colorado, USA.
- In 2008, MyHeritage.com acquired Kindo.com, a family social networking site from London.
- In 2010, MyHeritage.com acquired OSN (Verwandt.de), a family social networking popular in Europe that was operating from Germany.
- Also in 2010, MyHeritage.com acquired the Dutch family network ZOOOF.com.
MyHeritage was founded in 2005 and backed by Accel and Index ventures, with approximately $24 million in funding to date. The company is reportedly profitable (see Quora post on Israeli startups with more than $10 million in annual revenue). See VC Cafe’s previous comparison between Myheritage vs. Mylife, one of its competitors.
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