Social Network Tagged Raises $15M; Revenue Grew 35 Percent To $43M In 2011

Tagged, a social network for meeting new people, has raised $15 million in growth capital financing from Lighthouse Capital Partners and Comerica Bank. The company previously raised $9 million in funding. Tagged was on an acquisition tear in 2011, buying hi5, Digsby, TopicMarks and WeGame. These acquisitions expanded the network's reach to over 300 million members in 220 countries.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/p8vJe0Ja4mE/