Tagged Raises $15M From Lighthouse Capital and Comerica

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Tagged is a social network that has raised $15 million in growth capital financing from Lighthouse Capital Partners and Comerica Bank.  Tagged previously raised $9 million in funding.  In 2011, Tagged acquired hi5, Digsby, WeGame, and TopicMarks.  These acquisitions led to a network reach of over 300 million users across 220 countries.  The company is profitable and revenue grew 35% to over $43 million in 2011.  [TechCrunch]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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