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Dating application Coffee Meets Bagel closes $7 M Series B as Twitter eyes the sector

Dating application Coffee Meets Bagel closes $7 M Series B as Twitter eyes the sector

Whenever Mark Zuckerberg announced the launch of an innovative new feature that is dating Twitter at final week’s Facebook F8 seminar, it took the international relationship software industry by surprise. The stock regarding the Match Group – owner of some of the biggest dating apps on the planet, including Tinder, OkCupid, and Match.com – tanked 22 per cent in a hours that are few the statement. Whilst the industry’s players set themselves for the interruption Facebook will definitely bring into the sector, San dating that is francisco-based Coffee Meets Bagel has revealed so it simply shut a brand new round of money.

Coffee Meets Bagel – or CMB, as it is popularly called – has effectively raised about $7 million in VC capital in a set B round, based on an SEC filing because of the company. The software, so named because matches are known as “bagels” regarding the platform, was released in April 2012 by three sisters – Arum, Dawoon, and Soo Kang – and it is understood for its consider women’s choices. Read more

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