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Submitted URL: http://techcrunch.com/2012/02/21/sugar-acquires-social-network-and-community-for-mothers-circle-of-moms/
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SUGAR INC. ACQUIRES SOCIAL NETWORK AND COMMUNITY FOR MOTHERS CIRCLE OF MOMS

Leena Rao@LeenaRao / Invalid DateTime•
comment Comment

Sugar Inc., a media company that caters exclusively to women, is acquiring San
Francisco-based Circle of Moms, a social network and online communityfor moms
and moms-to-be. Financial terms of the deal were not disclosed.

Originally launched on Facebook in 2008, Circle Of Moms has a community of
around 6 million moms connected around news and advice on parenting/mom topics.
The platform also offers Child Pages, which are centralized online spaces within
the network where moms can share child’s special moments, photos and memories
with close friends and family online.

Circle of Moms was funded by Mike Maples, Naval Ravikant, SoftTech VC and a
number of angel investors. Sugar, which just raised $15 million in new funding
last year, will operate Circle of Moms as an independent subsidiary.



For background, Sugar’s flagship site is PopSugar, and it also home to social
shopping site ShopStyle, a free blogging platform for users called OnSugar, and
a variety of topical blogs including FitSugar (fitness), PetSugar, and BuzzSugar
(gossip). Sugar also operates the more mom-focused Lilsugar. The media platform
draws 28 million visitors per month between its sites. Sugar previously bought
virtual fashion assistant MyPerfectSale last October in 2010.

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SUGAR INC. ACQUIRES SOCIAL NETWORK AND COMMUNITY FOR MOTHERS CIRCLE OF MOMS

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