Social network creator Ning raises $60M at $500M valuation

Social network creator Ning raises $60M at $500M valuation

Updated

Make-your-own-social-network company Ning has raised a $60 million fourth round of funding.

Co-founder Marc Andreessen, who also founded Netscape, says the funding came at a whopping $500 million pre-money valuation. That’s almost three times the Palo Alto, Calif. startup’s $170 million valuationĀ  back in July, when… Continue Reading