Hi5 Gets a Hi$20 Million for Being Hispanic

Following up on the Hispanic social networking post, social networking site Hi5 raised about $20 million in its first round of real VC funding. One of the reasons that Hi5 is so attractive to investors and potential acquirers is because of its strength in Latin America and because of its deep non-English language content.

2 Responses to “Hi5 Gets a Hi$20 Million for Being Hispanic”

  1. Hi5 Blog Says:

    Hi5 Funding Media Coverage Roundup

    There’s a great article on our recent venture capital funding on the CNN/Money Media Biz blog — VC gives a ‘hi5′ to hot social network: “The battle of the social networks is heating up. News Corp.’s (NWS) MySpace and privately held…

  2. Roger Valle Says:

    hola que oda

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