meebo funded by Sequoia Capital

The web-based instant messenger application meebo has received first-round funding from Sequoia Capital, as meebo confirmed last Friday. The funding is rumored to be between USD 3.0m and USD 4.0m with USD 9.0m pre-money as sources reveal.

The young team (first-time entrepreneurs) – two IT girls from Stanford and one boy, who was with IBM and is a Yale graduate – only started with meebo 13 weeks ago and did manage to attrack major attention right from the start. With over 250,000 users daily using the in Ajax programmed application in order to chat over one or multiple IMs (MSN, AIM/ICQ, Jabber/GTalk and Yahoo! Messenger) simultaneously meebo is still in “alpha mode”. All in all, quite ambitious plans Sequoia has with them in order to judge this high valuation. Will be interesting to see how their business model evolves.

Technorati tags: meebo Sequoia Capital VentureCapital IM Ajax web2.0

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