Social Network Multiply.com Gets $16.6 Million Funding

Multiply, a social networking and sharing site based in Boca Raton, FL, has received a relatively big $16.6 million second round of funding. The round was led by VantagePoint Venture Partners, with participation by Point Judith Capital and previous investor Transcosmos Investments. The company’s first round was $6 million..it was founded in 2003. The additional capital will be used to expand Multiply

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