Mobile social network Mig33’s raises some serious cash to make feature phones more powerful
By Dusan Belic on Friday, February 1st, 2008 at 12:39 PM PST In Announcements, Services
Mig33 convinced its existing investors — Accel, Redpoint and TVP — to pour out additional money (Series B) along with DCM which lead the deal, into the mobile social network. The company will use the whooping $13.5 million to expand in the U.S. and internationally.
Those not familiar should know Mig33 works via dedicated Java-based mobile application, which goes beyond the usual profiles and friending features, and also includes some of the smartphone’s standard features like VoIP calls, instant messaging, e-mail, text messaging, and picture sharing. In some markets, like South Africa, Mig33 even sell calling cards.
At the moment, Mig33 has over 9 million users across more than 200 countries, which sign on for more than a total of 2 million sessions and send more than 45 million messages each day. As for the image sharing, Mig33’s users send more than a million pictures to each other every month…
[Via: TechCrunch]
