Fifth Generation Systems, parent company of social net Zude, has raised a $5.3 million second round from Irwin Lieber and Barry Rubenstein (Wheatley Partners), Persistency Capital, Gund Investment, LLC and Bergstein LLC. Early last year, the Roslyn, NY-based company raised a $5 million first round, for a total raise of $10.3 million. The site’s pitch is that it allows users more control and creativity in designing their profiles via the use of a drag-and-drop system of building a page. The funding will go towards enhancing the product and building out its user base. Release.

• Content Mashup Site Zude Gets $5 Million