Whisper Raises $36 MillionMonday, May 19, 2014
Santa Monica’s Whisper, maker of a mobile app that lets users share content anonymously, raised $36 million in Series C funding from new investors including Tencent, Shasta Ventures and Thrive Capital, who were joined by existing financial backers Sequoia Capital and Lightspeed Venture Partners.
It has announced $60 million in funding thus far, including $21 million in a September Series B round. Recode reported in March that an expected $30 million Series C funding round would have valued Whisper at $200 million.
The news is yet another example of top Silicon Valley venture capital firms betting on Los Angeles tech companies.
Whisper also launched the fourth version of its app today that is designed to offer users a more personalized experience. Whisper consumers will now be able browse anonymous posts in over 200 categories and find posts similar to ones they’ve already made. They can also search “whispers” from around the world using a geographic search feature.