San Francisco - Piczo, an online social network with 10 million mainly younger teen users, announced on Thursday that it has raised $11 million in its third round of venture capital financing.

U.S. Venture Partners and Mangrove Capital Partners led the investment round; previous investors Sierra Ventures and Catamount also participated.

San Francisco-based Piczo's largest market is the U.K., where 40% of its users reside. Due to its large base of younger users (75% are 13-16), the site offers numerous privacy and parental features, even disallowing users from browsing or searching profiles.

Piczo now claims 2.5 billion monthly page views.

Related Links:
http://www.piczo.com