Smilebox Secures $7M in Series B Funding

REDMOND, Wash., Dec. 11, 2007 — Smilebox, Inc., the leader in multimedia expressions technology, today announced it has raised $7 million in Series B financing.  Bessemer Venture Partners led the round and was joined by existing investor Frazier Technology Ventures.  Rob Stavis, Managing Partner at Bessemer Venture Partners, will join the Smilebox board of directors.  Smilebox will use the new funding to expand internationally, extend its partner syndication and promotional partnerships and bring Smilebox to new platforms.

“Smilebox has pioneered the multimedia expressions category and established a proven business model. The service combines technology innovation with a strong focus on ease of use,” said Rob Stavis at Bessemer Venture Partners.  “We look forward to working with Smilebox and its partners to accelerate its growth.”   

The Series B financing comes at a time when more than 1.8 million users have installed the Smilebox service since its launch in June 2006 and more than 1.3 million unique users worldwide access it monthly.

Read more at the Smilebox blog.

SOURCE: Smilebox blog