Social Net For Mothers, CafeMom, Secures $5 Million Financing

CafeMom, a social net for mothers, has raised $5 million in funding, according to VentureBeat (via Venturewire). The funding came from Highland Capital Partners and Draper Fisher Jurvetson, who have backed the company for seven years and have provided about $50 million so far. The site claims to have garnered more than 65 million pageviews and 1.7 million unique visits in July. CafeMom is owned by CMI, which was co-founded by actor Andrew Shue (known for the Fox nighttime 90’s soap Melrose Place). The company’s other investors over the past few years have included Himalaya Capital Ventures and Perseus.

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