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Cary Rosenzweig, chief executive and president of the Palo Alto, Calif.-based company, said in an interview the company has doubled its revenue in the past year in spite of the recession and the cooling off of the virtual world hype.IMVU now has more than 40 million registered users and six million unique visitors a month, according to com Score.for free chat rooms features, amazing online chat rooms, and mobile chat at the click of a mouse.free chat now , chat no register , free text chat , random chat , Singles chat , Nickname , Age , Sex ( Male / Female ) , Country and State.“I think it’s important that potential partners know which companies in this space are going to be around tomorrow,” Rosenzweig said.IMVU grew its revenue primarily by increasing the sale of virtual currency to its members, who use that currency to purchase virtual goods ranging from clothing for their avatars to furniture for their rooms.But IMVU’s virtual spaces are limited to rooms or scenes (like the beach or an estate), and its content is user-generated.That means that IMVU doesn’t have to buy or lease a lot of new servers or hire a lot of artists as it adds more users or catalog items.
But today it’s starting to trumpet loudly that it has established a strong business with a million annual revenue run rate.It accommodates younger users (who don’t have credit cards) with the sale of prepaid cards in 24,000 outlets, and it also lets users buy credits by filling out surveys or special offers from Offerpal.With all of these changes, revenue has grown from roughly .5 million in the first quarter of 2008 to an expected million-plus in the third quarter of 2009.Some folks like to joke that it’s all sex chat, since there are a lot of racy avatars in IMVU.But Rosenzweig says it’s not a predominant part of the experience.
Revenue has been growing each month for the last 13 months, even with the downturn. Users engage in 770,000 chat sessions per day, with the average chat session lasting 60 minutes.