TECH CRUNCH - Apr 3 - Eighteen months ago Christian Wiklund’s company Skout was down to three people after burning much of the $4.6M it had raised since being founded in 2007. Wiklund and his co-founder Niklas Lindstrom put their heads down. They changed the app to focus on young people who wanted to meet strangers and singles who wanted to flirt. Skout’s new app came at a very lucky time in the market. The app supports ~300M messages per month and it’s signing up ~1M users per month. So on the back of this turnaround, Skout is raising $22M in a round led by Andreessen Horowitz. With the funding, Skout plans to find a new office that will hold 120 people.
by Kim-Mai Cutler
See full article at Tech Crunch
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