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MarketRange, Inc., a leading provider of online lifestyle and entertainment communities, today announced the company and a syndicate of premier institutional investors have completed a Series B round of funding for more than $7 million. Led by Ignition Partners with additional funding from Mellon Ventures, this funding will be used to accelerate growth for PerfectMatch.com the fastest growing service in the online relationship category.
Founder, President and CEO Duane Dahl formerly served as the CEO of Kiss.com and uDate.com, leading up to its acquisition by InterActiveCorp (Nasdaq: IACI) for $150 million.
PerfectMatch.com, recently surpassed competitor eHarmony.com, to lead the online relationship category with women making up an unrivalled 65% of members — compared to the 30 to 35 percent female membership found at more traditional online dating sites.
PerfectMatch uses DUET, a unique matching method that utilizes a Myers Briggs-type ‘compatibility’ indicator allowing consumers to meet potential mates based on personality types. This proprietary formula has proved highly successful with our more than one million members to date.”
Category:Finance Tags: FinanceBlog reactions
