Ning Reaches 37 Million Users, Launches Developer Appathon

Tonight at a Ning's developer event in Palo Alto, newly appointed COO Jason Rosenthal announced that Ning has reached 37 million registered users, as well as 1.6 million Ning networks created. The company also says that it grows another million users every couple weeks. Out of the 1.6 million Ning networks, 20% of the active networks are running at least one Ning application -- reaching more then 9 million people.

According to Ning, on average, each network installs more then two Ning applications. Since the Ning application directory launched, there have been over 100 applications created and submitted.