Thursday, July 2, 2009

Tagged

Tagged.com is a social networking site founded in 2004. Tagged is the subject of numerous customer complaints for sending deceptive bulk mail and is regarded as a phishing and spamming site and an "E-mail scam" by consumer anti-fraud advocates. It is headquartered in San Francisco, California, United States.


Tagged Inc. was co-founded by Harvard graduates and entrepreneurs Greg Tseng and Johann Schleier-Smith. Tagged.com was launched in October 2004 by Tagged Inc. and is privately owned.

Tagged Inc. has raised $7 million in funding from Silicon Valley venture capital firm Mayfield Fund. The site initially targeted U.S. high school students but has since opened to users worldwide age 13 and older. The company reached profitability in early 2007. The site allows its users to build and customize profiles, send messages, leave comments, post bulletins, customize status, browse photos, watch videos, play games, give gifts, give tags, chat and make friends. Early innovations include the use of third-party widgets and YouTube as a part of the site's graphical interface.

In March 2008 Microsoft announced a commercial partnership with social networking sites Tagged, Facebook, LinkedIn, Bebo, and hi5 regarding email contacts APIs which has since been implemented.Other partnerships include Slide, RockYou, PhotoBucket, Meebo, Razz and Jangl. In late 2008, Tagged raised $5 million venture debt from Horizon Technology Finance and Leader Ventures.

In December 2008, Social Networking Watch reported that Tagged.com ranked 4th, 9th, and 19th by Hitwise, Nielsen, and Comscore respectively.june 2009, TechCrunch ranked Tagged as the 6th most valuable social networking site in the world according to their unique "social network valuation model", with estimated valuation up to $920,000,000.
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