Social Network Tagged.com Secures $5 Million in Venture Debt

Authored by Mark Hefflinger on December 17, 2008 - 9:11am.

San Francisco - Online social network Tagged.com said on Wednesday that it has raised $5 million in venture debt, led by Horizon Technology Finance and Leader Ventures.

Founded in 2004, San Francisco-based Tagged.com now claims over 70 million registered users for its youth-targeted "social discovery network," which offers profile creation, widget embedding, integrated video and chat.

The company will use the fund to expand services and features on its site.

 

Related Links:
http://biz.yahoo.com/prnews/081217/aqw505.html?.v=26

http://www.tagged.com

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