Draper Fisher Jurvetson funds Tagworld

Myspace competitor Tagworld will announce a large Series A financing by Draper Fisher Jurvetson sometime today. Tim Draper and Emily Melton will be joining Tagworld’s board of directors.

This comes just two weeks after news of competitor Tagged’s $7 million financing by Mayfield was leaked and reported by Matt Marshall.

My previous posts on Tagworld are here.