Friendster Heads To The Exit, To Be Bought By MOL Global

MOL Global, an affiliate of Malaysian payments company MOL AccessPortal Berhad, has agreed to acquire social networking company Friendster Inc. No financial terms were disclosed. Friendster had raised around $48 million in VC funding, from firms like Benchmark Capital, DAG Ventures, Founders Fund, Kleiner Perkins Cuafield & Byers and Siguler Guff & Co.

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