Social Network Tagged Gets $5 Million Venture Debt
This story was written by Rafat Ali.
Tagged, a social network whose reason for existence seems pointless (except occasionally getting spammed by its users to join the network), has raised $5 million in venture debt, from Horizon Technology Finance and Leader Ventures. The San Francisco-based site now calls itself a social discovery site, and last raised a $7 million second round in 2006, led by Mayfield Fund. More details here.
By Rafat Ali