Leading European Social Networking Site Unveils New Brand in Nine Countries
Netlog secures €5 million in venture capital funding
London April 25, 2007 — As of today, brands wishing to target the lucrative 14 - 24 year old market across Europe can do so by advertising on Netlog, Europe’s fastest growing social network. Netlog operates a number of local-language social networking sites reaching 17 million users across Europe. These sites, which have grown rapidly in popularity in recent months, allow users to connect with people of similar ages and from the same region, in their own language. Netlog previously operated under a range of brands, including Facebox in the UK.
Lorenz Bogaert, CEO and co-founder of Netlog said, “We have been thrilled with the rapid adoption of our localised European sites. Europe is all too often treated as a homogenous market. Our service recognises the diversity across Europe and is the only social networking site catering to a variety of languages and cultures.”
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