Framingham, Mass. – Punchbowl.com, an online party-planning
service, on Friday announced that it has acquired Socializr.com, a similar
service created by Friendster founder Jonathan Abrams in 2006.
Financial terms
of the transaction were not disclosed.
San Francisco-based Socializr has raised
a total of $2.25 million in venture capital financing, from backers including
Rembrandt Venture Partners.
Massachusetts-based Punchbowl plans to migrate
Socializr users to its own service, which currently counts over one million
registered users.
Related Links:
http://tinyurl.com/2dzcauo
(Punchbowl blog)
http://tinyurl.com/2vp5vfx
(TechCrunch)
