Meebo, a US-based provider of an instant messaging service previously backed by media group Time Warner’s corporate venturing unit, has raised $25m in its series D round.
Venture capital firm Khosla Ventures led the round, and was joined by peers Sequoia Capital and Draper Fisher Jurvetson (DFJ), according to news provider All Things Digital that broke the story.
Meebo raised $25m in its series C round in April 2008 from Time Warner Investments; KTB Ventures, the US operation of KTBnetwork, which is the largest private equity firm based in Korea with about $10bn under management from local companies Samsung, LG, SK Telecom and Hyundai; Japan-based VC Jafco Ventures; and Sequoia and DFJ.
Its series B round from DFJ and Sequoia raised $9m in January 2007 and its first institutional round, of $3.5m, came from Sequoia in December 2005.