Tagged, a multimedia-oriented social bookmark site, has secured $5 million in new funding to expand its offerings.
Tagged currently claims 70 million registered users and 2.5 billion page views per month. Its executives say revenue has shot up 500 percent this year alone.
Like other social bookmark sites, Tagged lets you create a profile and share content. It attempts to differentiate itself, though, by allowing direct widget and video embedding and trying to create a more interactive experience.
The fresh funding comes from Horizon Technology Finance and Leader Ventures. Tagged hasn’t released any specifics about its expansion plans, saying only it will use the money to “accelerate its growth and expand the services and features of its social discovery site.”
Tagged has been around since 2004. It’s headquartered in San Francisco.