Social network Tagged, which aims to help users meet new people, has acquired location-based social discovery app Urbantag. “The acquisition will contribute significantly to Tagged’s social discovery business and to its focus on mobile,” the press release about the acquisition stated. Urbantag will fill Tagged’s need for local discovery. Tagged recently raised $15 million in new funding, bringing its total funding to $23.7 million. The specific terms of the deal were not disclosed. (VentureBeat, TechCrunch)
Network
