Disqus Talks Up $10M Round
Daniel Ha, CEO and co-founder of Disqus, the San Francisco startup whose commenting system is used by the publishers of 750,000 websites, said in a blog post today that his company has secured $10 million in Series B venture financing from new investors North Bridge Venture Partners and existing investor Union Square Ventures. North Bridge partner Ric Fulop has joined Disqus’ board. The four-year-old startup, which has 16 employees, also shared a few other metrics; Ha said the company is on the verge of reaching 500 million unique users per month and that the sites using Disqus, including BarackObama.com, Time Magazine, IGN, NASDAQ, PCMag, ReadWriteWeb, and Wired Magazine, have 35 million registered members all told. Disqus, formerly known as Big Head Labs, received seed funding from the Y Combinator venture incubator in 2007 and raised a $500,000 in Series A funding from Union Square, Felicis Ventures, and Knight’s Bridge Capital Partners in 2008.