28    Nov 20120 comments

MyHeritage raises $25 million of new funding

We’re proud to announce today that we have closed a new round of financing and raised $25 million to boost MyHeritage’s operations in the years ahead and allow MyHeritage to continue to grow and provide better services to our users. The funding round was led by Bessemer Venture Partners (BVP), with existing investors Index Ventures, Accel Partners and Hasso Plattner Ventures also participating.

BVP is a global venture capital firm with offices in Silicon Valley, Cambridge, Mass., New York, India and Israel. BVP delivers the broadest platform in venture capital spanning across industries, geographies, generations and stages of company growth. From LinkedIn to Pinterest, Staples to Skype, VeriSign to Yelp, BVP has helped incubate and support companies that have anchored tidal shifts in the economy. More than 100 BVP-funded companies have gone public on exchanges in North America, Europe, and Asia.

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