Social Networking - Monday, July 23, 2007
Report: SF Social Network Hi5 Raises $20M

Under the radar but very popular social network Hi5 has raised $20M led by Mohr Davidow Ventures reports Gigaom. This would be the company's first round of funding. We knew that the site was popular in The Philippines and Latin America and Gigaom reports that it is also popular in places like Romania and Tunisia and it serves as much as 300M pages per day.
Read - Gigaom
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