Tagged Raises $15M in Financing

Tagged, a San Francisco, CA-based social network for meeting new people, has raised $15m in debt financing.

Backers include Lighthouse Capital Partners and Comerica Bank.

The company intends to use the funding to grow key products for its members and make additional strategic acquisitions.

Founded in 2004 and led by CEO Greg Tseng, Tagged has established the category of Social Discovery with over 330m members (combined with owned hi5, Digsby, TopicMarks and WeGame) in 220 countries. It enables users to meet and socialize through advanced browsing and matching features, shared interests, etc.



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