This is the third round of funding for Meebo for a total of $37.5 million. The CEO, Seth Sternberg, 29, plans to use the funding to expand into Asia markets and to build a sustainable revenue model. Additionally, he wants to add Meebo chat rooms to Time Warner sites, including People magazine. Recently, Meebo hired Carter Brokaw as its chief revenue officer. He formerly worked at CNET Networks (NASDAQ: CNET)
Meebo has 30 million users per month and includes instant messengers such as Yahoo! Messenger from Yahoo! Inc. (NASDAQ: YHOO), AOL Instant Messenger, Google Talk from Google Inc. (NASDAQ: GOOG) and ICQ. It was estimated by alleyinsider.com that Meebo is worth $220 million.
Jon Ogg is a producer and editor for the "10 Stocks Under $10" weekly newsletter for 247WallSt.com.
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I'm definitely looking forward to the "Dexter" finale this weekend. The Showtime Networks series is about a serial killer -- who uses his killing talents to snuff other serial killers.

