Fremont: Mobile social networking startup Path, has finally closed the deal and has raised more than $30 million in Series B financing. This round was led by Redpoint Ventures and other investor like Sir Richard Branson. Other investors in the round are Greylock Partners, Jerry Murdock, Kleiner Perkins Caufield & Byers, Index Ventures, Mark Pincus, Yuri Milner and Allen & Company. The new funds will be used to build growth, including internationally. Path’s last funding was $8.65 million from $8.65 million from Kleiner Perkins Caufield & Byers, Index Ventures and Digital Garage Japan at the beginning of 2011.

Launched in 2010, and co founded by Dustin Mierau, Shawn Fanning and Dave Morin, Path had more than 4 million users just months after its launching and then was sold to Facebook for $1 billion earlier this month. Path, some 17 months after launch, has over two million users, according to its website. The company is oriented toward the mobile-phone user, a popular theme in venture investing as consumers spend more time using their phones. This could be because it was founded by Facebook alumnus Dave Morin.

According to online sources, Path CEO Dave Morin said in February that the app had two million registered users. It was rejuvenated after a successful redesign late last year to become a personal journaling app, with ways to share travel, sleep, photos, locations and workouts through a Nike partnership.