Ning Raises Another $15 Million

TECH CRUNCH -- July 21 -- Do-it-yourself social network Ning has added another $15M to its coffers from LightSpeed Venture Partners. This brings the total capital raised to $119M. Earlier this year, Ning passed one million social networks created, but the key is how many of those are active and how many people they attract. In the U.S., unique visitors declined 10% from May, 2009 to June, 2009, according to comScore. Ning had 5.1M visitors in the U.S. in June. FULL ARTICLE @ TECH CRUNCH

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