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IMVU

Founded in 2004, IMVU Inc. (www.imvu.com) is an online destination where adults and teens meet new people in 3D. IMVU won the 2008 Virtual Worlds Innovation Award and was also named a Rising Star in the 2008 Silicon Valley Technology Fast 50 program. Still in public beta, the company has already reached major milestones, including 25 million registered users, 100,000 registered developers and $1 million in revenue each month. Members of IMVU have fun meeting new people with similar interests and expressing themselves through personalizing their 3D avatars, digital rooms, music, and home pages. IMVU offers the world’s largest digital goods catalog with over 1.8 million items. Over 90 percent of IMVU’s revenue is from the direct sale of virtual credits, used to purchase digital products. IMVU is backed by top venture investors Menlo Ventures, Allegis Capital and Bridgescale Partners and is located in Palo Alto, CA.

You can find a sample video of IMVU here and information about other virtual applications here and here.

Milestones

• Received $10M in Series D funding. (1/22/09)
  Posted 1/22/09 at 10:55am
• Lee Clancy, VP Product Management, GM Direct Revenue added. (2008)
  Posted 11/5/09 at 1:41pm
• Received $9M in Series B funding. (4/24/07)
  Posted 1/22/09 at 10:58am
• Received $9M in Series A funding. (3/06)
  Posted 1/22/09 at 10:58am
• Received $1M in Angel funding. (2/1/06)
  Posted 8/6/07 at 10:52pm
• Steve Blank, Board added.
  Posted 11/28/08 at 1:32am
• Will Harvey, Founder; Former CEO added.
  Posted 2/9/08 at 7:08pm
• Cary Rosenzweig, CEO added.
  Posted 3/13/09 at 11:40am
• Eric Ries, CTO added.
  Posted 6/5/09 at 11:40am
• James Joaquin, Board Member added.
  Posted 10/20/09 at 10:01am
• Cary Rosenzweig, President, CEO added.
  Posted 11/5/09 at 2:48pm

Videos

Screenshots

Above: IMVU
Uploaded: 10/8/09

Traffic Analytics

Quantcast

Compete

Sources

1. The youth beat goes on — Phonebites and IMVU score funding (venturebeat.com) []
2. tradevibes.com []
3. IMVU Inc. announced that it has received $9 million in funding from Allegis Capital amd Menlo Ventures. (investing.businessweek.com) []
4. IMVU Closes $10 Million Financing Led by Best Buy Capital (tradingmarkets.com) []