Emeryville, Calif. - Lithium Technologies, the provider of a platform that lets businesses create their own social networks and online communities, announced on Monday that it has raised a $12 million second round of financing, led by Benchmark Capital.

Benchmark joins Emergence Capital and Shasta Ventures, which co-led a $9 million first round of financing in April 2007.

Founded in 2001, Emeryville, Calif.-based Lithium provides its services to clients including AT&T, Dell, Sony PlayStation, Univision and PayPal.

The company will use the funds for expansion and product development.

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http://www.lithium.com/events/press/39