Mobifun’s Weblog

Do Fun with your Mobile….

Hi5 raises $20 million

San Francisco based social networking site Hi5 has raised $20 million in a new round of funding led by Mohr Davidow Ventures.

 Hi5 has become a global success story.

According to Alexa, Hi5 is now ranked as the 11th most popular site online above Facebook at 13th. If you’ve never heard of the site though, there is a reason; most of Hi5’s traffic doesn’t come from the United States. Hi5 is the No. 1 ranking site online in Portugal, Ecuador, Costa Rica, El Salvador and Guatemala, and ranks at No 2 in Jamaica, Honduras and The Dominican Republic. 16.2% of visitors to Hi5 come from Peru and 7.7% from Portugal, by comparison visitors to Hi5 from the Unites States make up only 2% of the sites traffic.

As of December 2006, Hi5 claimed to have 50 million registered users.

Advertisements

July 23, 2007 - Posted by | hi5

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: