About Friendster
Friendster is a company based in Kuala Lumpur (Malaysia) founded in 2001 was acquired by MOL AccessPortal in December 2009. Friendster has raised $46.1 million across 4 funding rounds from investors including Facebook, Kleiner Perkins and MOL AccessPortal. Friendster operates in a competitive market with competitors including Friendable, studiVZ, Spring.me, tribefy and Melon AI, among others.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.1 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series C
Aug 05, 2008
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Investors
Facebook
& 6 more
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Employee Count
Not available
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Acquired by
MOL AccessPortal
(Dec 10, 2009)
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Funding Insights of Friendster
Friendster has successfully raised a total of $46.1M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in August 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Friendster
Friendster has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Facebook, Kleiner Perkins and MOL AccessPortal.
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Venture capital firm investing in early-stage tech startups
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Investor details for Friendster
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Investments & Acquisitions by Friendster
Investment portfolio details for Friendster
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Financial Statements - Friendster
Detailed financials for Friendster
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Friendster Comparisons
Peer comparison for Friendster
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Friendster
Friendster operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Friendable, studiVZ, Spring.me, tribefy and Melon AI, among others.
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Functions as an app-based platform to connect people socially.
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Functions as a German-based social network for users.
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Social networking portal
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Operates as an online social platform to connect and engage friends effectively.
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Artificial intelligence solutions for business process automation are developed.
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Detailed competitors of Friendster
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Friendster
Complete news archive for Friendster
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Frequently Asked Questions about Friendster
Friendster was founded in 2001 and raised its 1st funding round 2 years after it was founded.
Friendster is headquartered in Kuala Lumpur, Malaysia.
Friendster is a funded company, having raised a total of $46.1M across 4 funding rounds to date.
Social network prioritizes user experience and data privacy over profit. It offers a social networking platform focused on fostering a friendly online environment. The platform aims to differentiate itself by not selling user data and avoiding algorithm-driven feeds that promote negativity. It seeks to provide a social space that respects user attention and avoids addictive design.
Friendster's top competitors include Spring.me, Loktantra Mediatech and Izuiyou.
Friendster has 7 investors. Key investors include Facebook, Kleiner Perkins, MOL AccessPortal, Benchmark, and IDG Capital.