Whenever Mark Zuckerberg announced the launch of a brand new feature that is dating Twitter at final weekвЂ™s Facebook F8 meeting, it took the global relationship software industry by shock. The stock associated with Match Group вЂ“ owner of a few of the biggest dating apps on earth, including Tinder, OkCupid, and Match.com вЂ“ tanked 22 % in a couple of hours after the statement. Because the industryвЂ™s players set themselves for the interruption Facebook will certainly bring towards the sector, San dating that is francisco-based Coffee Meets Bagel has revealed so it simply shut a brand new round of capital.
Coffee Meets Bagel вЂ“ or CMB, as it is popularly called вЂ“ has effectively raised about $7 million in VC capital in a set B round, in accordance with an SEC filing by the company. The software, so named because matches are described as вЂњbagelsвЂќ regarding the platform, premiered in April 2012 by three siblings вЂ“ Arum, Dawoon, and Soo Kang вЂ“ and it is understood for its give attention to womenвЂ™s choices. Continue reading Dating software Coffee Meets Bagel closes $7 M Series as Facebook eyes the sector