SAN FRANCISCO, Jan. 31 /PRNewswire/ -- Widgetbox(TM) announced today it
has closed its series B funding, raising $8 million from investors Sequoia
Capital, Hummer Winblad Venture Partners, NCD Investors, and private
investor, Michael Dearing. The new funding will be used to build products
and services for its large and growing community of developers and
consumers including the expansion of DevShare(TM), the company's revenue
sharing program with developers.
Widgetbox operates the largest distributed community of widget
developers and consumers, which includes:
-- 26,000 widget developers
-- 33,000 widgets in the gallery at http://www.widgetbox.com
-- 12 million daily widget-views
-- Distribution across 210,000 domains
-- 15 percent of Facebook applications and 60 percent of Bebo applications
Commenting on the investment, Sequoia Capital's Jim Goetz said,
"Widgetbox and its community are building this business one widget at a
time, one domain at a time. Widgetbox's success shows a distributed
community of developers and users is a powerful part of the widget
In 2007, the company closed its series A funding. The amount of the
funding was not disclosed. Investors included Sequoia Capital, Hummer
Winblad Venture Partners, and Michael Dearing.
Widgetbox helps people express, connect, create and inform using web
widgets that can be easily shared and distributed anywhere on the web.
Widgetbox has the largest selection of web widgets -- over 33,000, with 28
million monthly viewers on over 210,000 domains. Widgetbox serves both the
developers and consumers of widgets and has the most comprehensive set of
tools for the management and distribution of your web widgets. For more
information, please see http://www.widgetbox.com.
Widgetbox(TM) and DevShare(TM) are trademarks of Widgetbox, Inc. All
other company names and trademarks are the property of their respective