GodTube.com Becomes Tangle.com
March 10, 2009 at 12:39 PM (PT)
GODTUBE.COM has been renamed TANGLE.COM. The newly renamed site expands its base to include social networking. The site currently has more than 550,000 registered members and aims to appeal to "the faith-based community and those seeking family friendly and safe content.” TANGLE.COM seeks to become the website for the family-friendly community to safely interact online through a full social network.
“GODTUBE’s rapid success showed us that the faith-based audience needed an online haven to communicate with those across the country and around the world who share their faith and their values,” said new TANGLE.COM CEO JASON ILLIAN.
TANGLE.COM was pleased to add WELLS FARGO Chairman DICK KOVACEVICH to its board of directors in 2008. On his reasons for investing in the company, KOVACEVICH said, “Market trends for online usage, video, advertising, social networks and e-commerce continue to be strong. Additionally, TANGLE.COM is a highly differentiated social network; TANGLE.COM is family- friendly, ‘content-safe’ because content is reviewed before it is posted, the site has multiple revenue stream opportunities and was built from day one to be a commercial enterprise. As TANGLE.COM adds more functionality, signs new business and content partnerships and enters the international and mobile markets, I believe TANGLE.COM will be able to grow its metrics, revenues and profitability significantly in 2009 and beyond.”
Originally launched as video sharing site GODTUBE.COM, the site set a record as the fastest growing Web site in the U.S. during its first month of operation. The site grew rapidly and attracted up to 2.7 million users a month.