Gay Social Network Hornet Raises $8M to Take App to New Level
Not content to merely be the world’s second largest gay social network, Hornet is determined to raise the stakes for what it means to be a gay app, and its recent acquisition of $8 million — its first round of institutional funding, led by Ventech China, to support business growth and even more users — is going to help it get there.
“We are excited to work with our new investors to further our mission and engage our community,” says Christof Wittig, Hornet’s CEO. “Hornet brings interaction and an experience that builds relationships and helps form meaningful connections to local communities. We will invest heavily into making our vision for a fully connected gay community a reality.”
Hornet’s goal is to actually strengthen the gay community. How? By providing a venue for quality social interactions that span far more than hooking up, or even the hunt for “Mr. Right.” Gay men need more ways to meet and engage in their local communities, and that’s where Hornet comes in. The app’s recent Version 3.0 added an activity feed and discover platform, which help set the app apart from its competitors.
“Gay apps have evolved over the past few years to more fully engage users, who demand a richer, mobile experience,” says Hornet President Sean Howell. “Hornet users expect to interact with other members and to be informed about the issues important to gay culture. Hornet is designed to reach and fulfill the needs of our diverse user base.”
Among those needs are the comprehensive gay city guides of Vespa, a travel app that was recently purchased and integrated into Hornet. A directory of over 5,000 places and 300 city guides in 70 countries, it provides up-to-the-minute event listings around the world, all written by Vespa users themselves and the journalists of Hornet’s content provider, Unicorn Booty. (That’d be us.)
Hornet currently boasts over 15 million total users, with no plans of slowing down. Jump on-board by downloading Hornet yourself, for iOS, Android or the web.