Reunion.com Receives $25M Funding From Oak Investment Partners

Reunion.com, the leader in helping adults find, reconnect and keep in touch with their friends and family, today announced it has completed a $25M round of funding from Oak Investment Partners, a top-tier Silicon Valley Venture Capital firm with a 30-year history. This investment represents one of the largest in a social networking company to date.

Reunion.com has been a profitable online business since its inception, with revenue growth of over 100% annually. Today the company boasts 28 million users and is adding nearly one million new members each month. With almost 8 million unique visitors conducting 60 million searches for people monthly, Reunion.com is now one of the top-ranked social networking sites according to Media Metrix, with others in the category including Friendster, Xanga, Bebo, LinkedIn, and Hi5.

The company has continued its steady growth with only $1.4 million of angel funding from successful Internet and social networking visionaries, including Jeffrey Tinsley, former founder and CEO of GreatDomains.com; Richard Rosenblatt, co-founder, chairman and CEO of Demand Media and the former Chairman of MySpace.com; and Andy Mazzarella, current CEO of eForce Media and former CFO of iMall.

"Reunion.com has become a leading service in the people search and social networking arena, targeting the large and valuable post-Facebook demographic," says Jeffrey Tinsley, CEO and Founder of Reunion.com. "This infusion of financial resources from Oak Investment Partners will help us accelerate our organic growth as well as give us capital to pursue strategic add-on acquisitions."

"We are excited to be a part of a major social network that stands apart from others in the market in terms of product offering, member composition and business model," says Fred Harman, Managing Partner of Oak Investment Partners. "With this capital, we believe Reunion.com is well positioned to be an industry leader."

Jefferies & Company, Inc. acted as investment bankers on the transaction representing Reunion.com.

About Reunion.com

Reunion.com is the leader in helping adults find and reconnect with old friends, relatives, classmates or anyone, as well as keep in touch with everyone they care about. Launched in 2002 by Jeffrey Tinsley, the company has continually introduced novel features and attracted a unique audience that sets it apart from other social networking sites. A privately held company, Reunion.com is based in Los Angeles, California. For more information, please visit http://www.Reunion.com

About Oak Investment Partners

Oak Investment Partners is a multi-stage venture capital firm with a total of $8.4 billion in committed capital. The primary investment focus is on high growth opportunities in communications, information technology, Internet new media, financial services information technology, healthcare services and consumer retail. With a 30-year history, Oak has achieved a strong track record as a stage-independent investor funding more than 450 companies at key points in their lifecycle. Oak has been involved in the formation of companies, funded spinouts of operating divisions and technology assets, and provided growth equity to mid- and late-stage private businesses and to public companies through PIPE investments.