Thursday, March 16, 2006
TechCrunch » Tagworld Hits 1 million members, announces $7.5 million from Draper Fisher Jurvetson:
"Tagworld, the next generation Myspace competitor, is showing that there is plenty of room for growth in the crowded teen/young adult home page market (previous TechCrunch posts on Tagworld are here).
First, they’ve closed $7.5 million series A round of financing led by Draper Fisher Jurvetson. Note: competitor Tagged announced a $7 million financing led by Mayfield in February 2006.
This comes as Tagworld hits an important milestone - 1 million members and counting since their launch on November 11, 2005. while this is still just a drop in the Myspace bucket of 60 odd million members, its still a lot of people using the service after a very short period of time.
Tagworld will be launching a number of new products and partnerships this week as well:
..."
"Tagworld, the next generation Myspace competitor, is showing that there is plenty of room for growth in the crowded teen/young adult home page market (previous TechCrunch posts on Tagworld are here).
First, they’ve closed $7.5 million series A round of financing led by Draper Fisher Jurvetson. Note: competitor Tagged announced a $7 million financing led by Mayfield in February 2006.
This comes as Tagworld hits an important milestone - 1 million members and counting since their launch on November 11, 2005. while this is still just a drop in the Myspace bucket of 60 odd million members, its still a lot of people using the service after a very short period of time.
Tagworld will be launching a number of new products and partnerships this week as well:
..."
Comments:
Post a Comment
