Estimated Value: $220 Million
Business: Allows users to access most major instant messenging services through a single web site. Also provides topic-specific chat rooms, which can be distributed on third-party sites throughout the web.
Location: Mountain View, California
More Info: Meebo
CEO: Seth Sternberg
Investors: Sequoia, Draper Fisher Jurvetson.
Analysis: One of the leading web-based IM platforms. Meebo.com has about 1.7 million US uniques per month (per Compete), with huge engagement-per-user (many users open the window and keep it open all day). The company has also recently launched embeddable, topic-specific chat rooms.
Meebo has only recently begun focusing on revenue, but its site offers a very immersive advertising opportunity. The Meebo rooms and IM logins should also benefit from a strong network effect.
Meebo recently raised a large round at a post-money valuation in the neighborhood of $220 million.