London – SocialGO, a U.K.-based service that lets anyone
build a niche online social network, plans to raise $473,000 in an offering of
shares on London’s AIM market, PaidContent reported.
Founded in 2008, SocialGO
now hosts thousands of user-created social networks that collectively count
millions of members.
The company will use the funds as working capital and to
support the release of a new version of its social network creation software.