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Exit

Acquired byTagged
Date12/2011

General Information

Offices

San Francisco, USA
55 Second Street
Suite 400
San Francisco, CA, 94105
USA

People

Founder & Director
Co-Founder & Director
CFO
VP Marketing
President & CTO

Acquisitions

Big Six, 2/2010
PixVerse, 6/2008

Funding

TOTAL $34M
FUNDING TOTAL $34M
Series A, 7/2007
Mohr Davidow Ventures
$20M
Venture Round, 7/2010
Crosslink Capital
$14M
DEBT TOTAL $18M
Debt, 12/2007
Hercules Technology Growth Capital
$15M
Debt, 3/2009
Mohr Davidow Ventures
$3M

Competitors

Tags

hi5

Founded in 2003, hi5 today is one of the largest social entertainment sites in the world, with approximately 50 million monthly unique visitors who use the site to stay connected to friends, meet new people, share photos, and play games. Available in over 50 languages, hi5 combines ad-supported social networking features with payment-based premium content to deliver a user experience focused on self-expression and interactivity that appeals to the site’s young demographic (67% of users are age 18-34). Social games, virtual goods, and other premium content on the site is monetized through hi5 Coins, a virtual currency supporting over 60 payment methods and 30 currencies worldwide. The site also supports third-party games and other applications through its OpenSocial platform.

Recent Milestones

  • Handshake
    hi5 was acquired by Tagged. (12/14/11)
    Posted 12/14/11 at 1:03pm via techcrunch.com
  • Dollar
    hi5 received $14M in Venture Round funding. (7/13/10)
    Posted 7/13/10 at 6:50pm via techcrunch.com
  • Check
    hi5 added Michael Owens as Senior Interaction Designer / Design Lead. (3/1/10)
    Posted 8/16/13 at 3:50am
  • Handshake
    hi5 acquired Big Six. (2/24/10)
    Posted 2/25/10 at 9:30pm via techcrunch.com
  • Check
    hi5 added Alex St. John as President & CTO. (12/1/09)
    Posted 1/11/10 at 1:52pm
  • Dollar
    hi5 received $3M in Debt funding. (3/27/09)
    Posted 4/1/10 at 8:30am via techcrunch.com
  • Check
    hi5 — hi5 Launches Language Translation on OpenSocial v0.8 (9/25/08)
    Posted 6/15/09 at 8:53pm
  • Check
    hi5 added Noelia Amoedo as VP hi5 Mobile. (7/1/08)
    Posted 7/22/13 at 9:31pm
  • Handshake
    hi5 acquired PixVerse. (6/30/08)
    Posted 6/30/08 at 11:04am via pehub.com
  • Dollar
    hi5 received $15M in Debt funding. (12/1/07)
    Posted 2/14/08 at 5:59pm via yahoo.com
  • Dollar
    hi5 received $20M in Series A funding. (7/1/07)
    Posted 7/23/07 at 6:20am via hi5networks.com
  • Check
    hi5 added Brett Blair as Vice President, Sales. (9/1/06)
    Posted 1/16/13 at 5:26pm
  • Check
    hi5 added Jeff Stephens as CFO.
    Posted 5/19/08 at 2:13pm
  • Check
    hi5 added Andrew Sheppard as Executive Producer.
    Posted 6/23/09 at 8:42am
  • Check
    hi5 added Michael Holzer as Director, User Experience and Front End Engineering.
    Posted 3/1/09 at 11:01pm
  • Check
    hi5 added Ramu Yalamanchi as Founder & Director.
    Posted 7/23/07 at 6:20am

Videos

Above:

Vator.tv Interview

Added: 1/26/09

Screenshots

Products

hi5

Websitehi5.com
Bloghi5networks.com/blog
StageLive
Launch DateDecember, 2003
Tags social-networking

hi5.com is one of the largest social media sites worldwide. According to comScore, hi5.com served approximately 150 billion pages in 2009, making it the 14th largest web site in the world by page views. Available in over 50 languages, hi5 combines the core features of a social networking site (including user profile pages, friend connections, friend updates, photo sharing, groups and more) with social entertainment features – including a dedicated games portal with hundreds of Flash-based and social games, a global virtual currency for micro-transactions, and various self-expression features (e.g. customizable profile skins, 3D avatars, animated gifts, etc.). The site monetizes traffic through both advertising and direct user payments for virtual goods and games. The site also distributes many third-party games, which run on its OpenSocial platform, and shares revenue from the game with partners.

Traffic Analytics

Quantcast

Livegraph

Compete

Hi5

Sources

  1. Facebook’s Leftovers? Social Network Tagged Acquires hi5 (techcrunch.com) []
  2. hi5 Acquires Social Gaming Company Big Six (techcrunch.com) []
  3. hi5 Networks Enhances Real-Time User Interaction with Acquisition of PixVerse (pehub.com) []
  4. hi5 (hi5networks.com) []
  5. Hercules Technology Growth Capital Press Release (biz.yahoo.com) []
  6. TechCrunch (techcrunch.com) []
  7. Gaming-Focused Social Network hi5 Raises $14 Million (techcrunch.com) []
  8. Citation Needed []

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