PlanetOut, Inc.

company

About

PlanetOut, Inc. is a leading global online media company.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$3M
Industries
LGBT,Media and Entertainment,Online Auctions,Social Media
Founded date
Jan 1, 1995
Number Of Employee
101 - 250
Operating Status
Active

PlanetOut, Inc. is a leading global online media company serving the lesbian, gay, bisexual and transgendered, or LGBT, community, a market with reported buying power of approximately $485 billion annually in the United States alone. Their network of websites, including their flagship websites Gay.com and PlanetOut allows their members, or those visitors who registered on their websites by providing them with a name, e-mail address and other personal data, to connect with other members of the LGBT community around the world. According to Nielsen NetRatings, in June 2004, Gay.com ranked second in terms of average time online per person and sixteenth in terms of visits per person among all websites measured. They generate most of their revenue from subscription fees for premium membership services that they offer in English, French, German, Italian, Portuguese and Spanish to their members who identify themselves as residing in more than 100 countries. They also generate revenue from online advertising and e-commerce targeted to the LGBT community.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$13M
PlanetOut, Inc. has raised a total of $13M in funding over 2 rounds. Their latest funding was raised on Sep 21, 2000 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 21, 2000 Series C $10M 1 Detail
Sep 4, 1996 Series A $3M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
PlanetOut, Inc. is funded by 2 investors. Allen & Company and Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Allen & Company Series C
Sequoia Capital Series A