Details

Last Funding Type

Seed

Industries

Bitcoin,Communities,Cryptocurrency

Founded date

Jan 1, 2004

Number Of Employee

11 - 50

Operating Status

Active

Taringa! is the largest social network ever created in Latin America.

Their motto is "Collective Intelligence". It is an open platform where people around the world can share their opinions, interests, and experiences democratically, as well as discover new ideas, information, and knowledge. The spirit of Taringa! is to be free, democratic, and open, giving millions of people a means to enable them to express themselves without intermediaries or censorship.

The platform has a presence in every country in the Spanish-speaking world - its main markets are Argentina, Mexico, Spain, Colombia, Chile, Peru and the US Latino community. According to comScore statistics, it is the 4th most popular Latin American Social Network, as it receives 75 million unique visitors per month and is in the process of international expansion.

It was one of the first Spanish web "2.0s” in the world, born even before platforms like Facebook and Twitter, bringing the category "social network" onto the scene. Taringa! was created on January 11, 2004 (broadcast from April 14, 2004) by Fernando Sanz (Buenos Aires high school student).

Taringa! consists of a 27 million registered user base who create and share thousands of daily posts on general interest topics such as: Life Hacks, Tutorials, Recipes, News, Sports, Technology, Reviews, Art, and more.

Along with Xapo’s Bitcoin wallet, a Silicon Valley company founded by Wenceslao Casares, Taringa! was responsible for carrying out the largest integration of Bitcoins in the world. The widespread incorporation of the virtual currency was made possible by its use as payment in Taringa!’s Revenue Share program, called “Taringa! Creators”.

In February 2012 an article by Wired Magazine listed Taringa! as one of the foreign sites that "outshine Facebook" stating "there are still places where an also-ran or a homegrown alternative beats out the global hegemonies".

In December 2013 Taringa is the largest Social network created in Latin America and the fourth one in traffic only after Facebook.

The company is headquartered in Buenos Aires, Argentina, where there is a team of 40 professionals working in areas such as IT, Product Development, Sales, Marketing, and Administration. It is in the process of expanding its business to the US and Silicon Valley.

Taringa! has acquired 1 organizations. Their most recent acquisition was Spiral App on Aug 24, 2015. They acquired Spiral App for 0.

Date Company Name	Industry	Acquisition Type	Price
Aug 24, 2015 Spiral App	Android	acquisition	—	Detail