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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.

IMVU has been fairly quiet about its success in virtual chat rooms, where people can create their own dressed-up 3-D characters and socialize in graphically beautiful settings.

But today it’s starting to trumpet loudly that it has established a strong business with a million annual revenue run rate.

New technology lets your deceased loved ones live on forever in your smartphone.

A South Korean firm has unveiled an app that allows users to snap selfies and chat with avatars of their dead friends or family members in a bid to help mourners 'overcome their wounded-heart'.

Users first create a 3D scan of their friend or family member, which has to be done while they are a live.

For the past three months, the company has been profitable, Rosenzweig said.

If the company keeps up its momentum, it will have a shot at generating the kind of highly profitable larger business that publicly traded chat/virtual world companies in China have seen.

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