Be fruitful and...
Multiply, another social network that bluntly encourages users to "Share your life with your friends," has just acquired US$ 16.6 million in Series B funding.
VantagePoint Venture Partners, followed by Point Judith Capital and Transcosmos Investments, led the round. VantagePoint invested in ReachLocal last April.
Multiply, which launched in 2003, pre-dates the myriad social networks that bloomed after MySpace and Facebook's profiles grew. TechCrunch, quoting Alexa, notes the site outranks Bebo in popularity and boasts a strong presence outside the US, ranking heavily for the Philippines in particular.
