IMVU Inc. (www.imvu.com) is an avatar-based social network and virtual world where people meet and interact in 3D. IMVU has reached 40 million registered users, 6 million unique visitors per month and a $25 million revenue run rate. IMVU has the world’s largest virtual goods catalog of more than 3 million items, almost all of which are created by its own members. Founded in 2004, IMVU is backed by venture investors Menlo Ventures, Allegis Capital, Bridgescale Partners and Best Buy Capital and is located in Palo Alto, CA.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 02/01/06 | Series A | 1M | NuVoiz | Unknown |
| 03/01/06 | Series A | 9M | Ardesta, DreamItVentures.com | Unknown |
| 01/01/09 | Series D | 10M | Unknown |
People
Will Harvey (Board member)
Lee Clancy (VP Product Management & GM Direct Revenue)
Shawn Carolan (Board Member)
Spencer Tall (Board Member)
Kuk Yi (Board Member)
Competitors
Nurien:
Founded in 2004, Nurien Software is a leading developer and operator of next-generation social networking and… See Company Profile »
Lively:
Lively is a virtual world created by Google. You can create an avatar, and meet and… See Company Profile »
Donnerwood Media:
Donnerwood is an online entertainment company based in the South of Market neighborhood of San Francisco.… See Company Profile »
Habbo:
Habbo is the world’s largest and fastest growing virtual world and social networking service for teenagers.… See Company Profile »
Rocketon:
ROCKETON is a venture-funded startup that is pioneering parallel virtual worlds. We're creating a new type… See Company Profile »
News
Lockwood Publishing will debut 3D avatars in Avakin Poker (exclusive)
May 13, 2013 3:00 pm
Lockwood Publishing, a successful free-to-play publisher on Sony’s PlayStation Home virtual world, is expanding to mobile games today. The Nottingham,… Continue reading ⟩
IMVU continues to retain engaged fans for its virtual chat rooms
April 8, 2013 1:00 pm
Virtual worlds are supposedly passé. Most people passed them by and moved on to social networks like Facebook. But social entertainment… Continue reading ⟩
Utherverse nabs a patent on scalable virtual worlds that can host unlimited users
October 25, 2012 2:00 pm
Utherverse is announcing today that it has won a patent to build a “scalable” virtual world, or one that can… Continue reading ⟩