The television-based social network has completed a $12m round with participation from Time Warner and plans to upgrade its service in 2012.

GetGlue, a US-based social recommendation network for entertainment, closed a $12m funding round on Wednesday from investors including Time Warner Investments, a corporate venturing fund belonging to media conglomerate Time Warner.

The round was led by Rho Ventures, the venture capital (VC) division of private equity firm Rho Capital Partners, with participation from VC firm RRE Ventures and VC fund Union Square Ventures.

GetGlue’s online social network allows users, which as of the end of 2011 number more than two…