MyHeritage Raises $25 Million, Aquires Geni
MyHeritage.com, the company behind an online application for researching and building family trees, has raised $25 million in its fifth round of funding.
MyHeritage is also announcing that it is acquiring Geni, a rival formerly run by PayPal alumnus David Sacks, who sold his enterprise social networking company Yammer to Microsoft for $1.2 billion. That acquisition adds seven million users to its network, along with a few extra tools to the service. Sacks joins MyHeritage’s board of directors.
