Founded in 2004, IMVU Inc. (www.imvu.com) is an online destination where adults and teens meet new people in 3D. IMVU won the 2008 Virtual Worlds Innovation Award and was also named a Rising Star in the 2008 Silicon Valley Technology Fast 50 program. Still in public beta, the company has already reached major milestones, including 25 million registered users, 100,000 registered developers and $1 million in revenue each month.

Members of IMVU have fun meeting new people with similar interests and expressing themselves through personalizing their 3D avatars, digital rooms, music and home pages. IMVU offers the world's largest digital goods catalog with over 1.8 million items. Over 90 percent of IMVU's revenue is from the direct sale of virtual credits, used to purchase digital products such as clothing, room decorations, hairstyles, and music.

Management Team

• Cary Rosenzweig, chief executive officer
• M. Lee Clancy Jr., vice president of product management and gm of direct revenue
• Brett Durrett, vice president of engineering and user safety
• Kevin Dasch, vice president of finance and business development
• Jeff Titterton, vice president of marketing
• Matt Danzig, co-founder and senior art director
• Marcus Gosling, co-founder and director of experience design

Pricing

• IMVU membership is free of charge
• Credits for virtual products available for purchase (1,000 credits for $1)
• Subscriptions, promotions and other items also for sale

Employees

IMVU currently employs 60 people in Palo Alto, California.

Financials

Backed by Menlo Ventures, Allegis Capital and Bridgescale Partners