TOP NEWS Raises $25M

Los Angeles-based, an online service that connects adults with friends and family, said today that it has raised $25M in a venture capital round from Oak Investment Partners. said that the company is profitable and has previously raised $1.4M in angel funding from Jeffrey Tinsley, formerly of, Richard Rosenblatt of Demand Media, and Andy Mazzarella of eForce Media. The new funding will go towards growth plus strategic acquisitions. was represented by Jeffries & Company in the deal. More information »