Funding
SocialVibe received $4.2 million in Series A funding led by Redpoint Ventures in December 2007. It was launched in February 2008 in public beta, and, as of October 19, 2009, its members have raised a total of more than $700,000 for their respective charities. On August 25, 2008, SocialVibe formed a partnership with Interpublic, one of its largest liaisons to date.
In January 2009, JAFCO Ventures led an initiative along with Redpoint Ventures to raise the total amount invested in the company to $12 million, as the company shifts to a revenue sharing model with the charities it represents (all of the money raised on SocialVibe formerly went to the charity itself)
In March 2011, SocialVibe closed a $20 million round of funding lead by Norwest Venture Partners.
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