Ning is all set to make its mark in a few days while it waits for the social network count created on its platform to hit one million. Ning provides users with an easy to use platform to help them create networks associated to the topics that they are concerned about. It had earlier put a ban on the creation of adult networks, which saw a lot of backlash as many thought that the platform relied heavily on these networks for traffic. Well if those people are right (by any chance) then the one millionth network will probably take ages.
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[...] Ning continues to bag funds as it raised a another $15 Million in its fifth round of funding. This round brings the total funds to almost a $120 Million for the startup founded by Andresseen and CEO, Gina Bianchini. Now I am not used to seeing so much coming in funding so regularly for the kind off startup it is, but perhaps it plans to make major acquisitions in order to take it a bit further. [...]