Community Connect Overview
- Founded
- 1996
- Status
- Acquired/Merged
- Latest Deal Type
- M&A
- Latest Deal Amount
- $38M
Community Connect General Information
Description
Developer of niche social networking sites for ethnic groups. The company's sites feature articles and news related to their respective ethnic communities as well as forums and chat-rooms.
Contact Information
Website
www.communityconnect.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Office
- 205 Hudson Street
- 6th Floor
- New York, NY 10013
- United States
+1 (212) 000-0000
Community Connect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 10-Apr-2008 | $38M | 000.00 | 0000 | Completed | Generating Revenue |
| 5. Later Stage VC (Series E) | 15-Oct-2007 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 4. Later Stage VC (Series D) | 27-Sep-2002 | 00.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 3. Later Stage VC (Series C) | 12-Apr-2000 | 0000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 2. Early Stage VC (Series B) | $3.45M | $4.75M | 000.00 | Completed | Startup | |
| 1. Angel (individual) | 25-Nov-1998 | $1.3M | $1.3M | 00.00 | Completed | Startup |
Community Connect Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | 000,000 | 00.000000 | 00 | 00 | 00 | 0.00 | ||
| Series D | 000,000 | 00.000000 | 00.0 | 00.0 | 00.0 | 0.000 | ||
| Series C | 000,000 | 00.000000 | 000.00 | 000.00 | 00.00 | 00.000 | ||
| Series B | 145,000 | $0.000040 | $23.77 | $23.77 | $5.6 | 11.44% | ||
| Series A | 208,000 | $0.000040 | $6.25 | $6.25 | $1.56 | 15.46% |
Community Connect Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Broadsword Partners | Growth/Expansion | Majority | 000 0000 | 000000 0 | |
| Comcast Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| ConnectCapital | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| Frederick Krueger | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| JUMP Investors | Venture Capital | Minority | 000 0000 | 000000 0 |