Pakistani Social Networking Company Naseeb Gets Second Round Funding

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We don’t necessarily cover Pakistan, but this is an interesting funding in a country where brand name VCs don’t usually do digital media investments: Naseeb Networks, a Pakistani online recruitment, social networking, and classifieds company, has received an undisclosed amount of venture investment from two Silicon Valley VC firms, ePlanet Ventures and Draper Fisher Jurvetson. Naseeb will use the funding to accelerate its growth and leadership position in target markets by investing in sales force and marketing expansion and enhancing its product portfolio.

The company runs a social network at Naseeb.com (sounds more of a matrimonial site though it doesn’t explicitly say so), online jobs site Rozee.pk and three other sites. The company, which was founded in 2003, says it has been cash flow positive since 2004, and has 42 employees across its offices in Pakistan and San Jose in California. It said it did a seed round from angel investors including executives from Paypal, LinkedIn, Excite and Cisco (NSDQ: CSCO). More details in the release here.

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abubaba

Go to http://www.greenkonnection.com it is moderate islamic in character and looks. It is Pakistani and many groups are purely Pakistani. it is not profit oriented and doesnt intefere wityh identity of its members.

abdul rehman

i would like to comunicat with all people of the difrent relegon esepcialy muslim becouse i am muslim,

haroonshabbir

Pakistan social networking is very good site.But i like to driving different cars and recently visted the site of http;//www.autospak.com is fantastic sites and also for the people want to buy any kind of cars.

irena

naseeb isn't a pakistani social networking site, it is an american muslim networking site

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