Hi5's patrons visit 10-15 times a month, the founders say, and spend 17 minutes per session playing games, sharing pictures and looking at their friends' profiles.

Social network Hi5 said today it has raised $14 million in a second round of funding as it tries to shift into social games and virtual goods.

Hi5 Cuts 10 to 15 Percent of Staff One of the largest social networks in the world has laid off a number of employees this week as part of a “restructuring” effort, according to Tech Crunch.

Updated with information from Hi5 on its gaming effort. Social network Hi5 is continuing its foray into the business of virtual gaming today by introducing two new ways for users to pay it real ...

We’re seeing some social network consolidation happening: Tagged has acquired Hi5. The move will double Tagged’s online community from 10 million to 20 million active users.

hi5, a gaming-focused social network that most people forgot about long ago, has just closed a new round of funding of over $14 million led by Crosslink Capital. This brings the social network's ...

Hi5 goes mobile: It's a bigger deal than you think San Francisco-based company is most popular in Latin America, where it's more likely that a social-network user will own a cell phone than a PC.

This article is more than 10 years old. They say not all that glitters is gold. Hi5, the world's third-largest social network behind Facebook and MySpace, hopes to prove otherwise.

SAN FRANCISCO--(BUSINESS WIRE)--hi5 Networks, one of the world’s largest social networks, announced today that it is also the world’s fastest growing among the top-10 global social networks ...

You may be familiar with Hi5, unless you live in Thailand or South America, but the social network continues to bring in the bucks -- 14 million in this latest round -- to put toward its strategy ...

Internationally-oriented social network hi5 is turning to virtual gifts, which can be bought with virtual coins that members buy with real money.