Hi5 raises $14 million
Gaming social network hi5 has announced that they’ve raised $14 million in a Series C round led by Crosslink Capital, bringing the total funding to $34 million. Hi5 was founded back in 2003 and will use the new cash to expand into virtual goods and offer social games on its site. However, judging from their site, they should probably spend some of the cash hiring a web designer to improve the look of their site.
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