MyHeritage is a family-oriented social network service and genealogy website. It allows members to create their own family websites, share pictures and videos, organize family events, create family trees, and search for ancestors and historical records. With over 64 million users, MyHeritage is one of the largest sites in the social networking and genealogy field.
In 2003, CEO Gilad Japhet and a team of genealogy enthusiasts founded MyHeritage in Japhet's living room in the small town of Bnei Atarot, just outside Tel Aviv, Israel. Within seven years, the company had grown to its current size as a community of more than 64 million members with more than 1 billion online profiles. There are more than 24 million family trees and 151 million photos on the site, and the site is accessible in 38 languages.
In 2008, the company raised $15 million, when venture capital firm Index Ventures joined Accel, which had invested earlier in the company. In 2008, MyHeritage acquired Kindo, another family social network site that was popular in Europe. In February 2010 MyHeritage acquired the Germany Online Social Networking GmbH (OSN) who has genealogy web sites in ten different languages, which are represented in over 15 countries. Among others verwandt.de in Germany, moikrewni.pl in Poland dynastree.com in the US. OSN started in June 2007 with the project verwandt.de and was able to grow within two years to over 10 million trees with over 100 million profiles. With this new acquisition, MyHeritage grew in size and added a number of new features.
In June 2011 MyHeritage also acquired the Polish Family Network, Bliscy.pl, from Polish Internet publishing company Wirtualna Polska.
In November 2011 MyHeritage acquired U.S based FamilyLink.com, a subscription service that provides access to a large database of historical content including census, birth, marriage and death records, as well as a sizeable archive of historical newspapers.
In December 2011 MyHeritage released it's Mobile App for iPhone, iPad and Android.
In June 2012 MyHeritage surpassed 1 billion profiles. MyHeritage also launched SuperSearch, a search engine for historical records.
In September 2012, MyHeritage introduced Record Matching - a technology that automatically compares billions of historical records to the 1 billion profiles on MyHeritage, and alerts users whenever a match is found for a relative in their family tree.
In November 2012, MyHeritage announced that it had acquired long term rival Geni.com and also raised $25 million dollars in a funding round led by Bessemer Venture Partners. In October 2013 MyHeritage was named the most promising Israeli start-up for 2013-14 by "Globes" magazine. Competitors include Ancestry.com
Funding Rounds (5) - $49MUpdate
Venture capital Firm
Index Ventures is a multi-stage international venture capital firm with deep sector expertise...
Bessemer Venture Partners has over 100 years of investing experience, with a portfolio ranging...
Accel Partners is a venture and growth equity firm that funds companies from inception through...
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