ShoZu Raises $12 Million for Mobile Social Media Services

Authored by Mark Hefflinger on January 29, 2008 - 8:37am.

London - ShoZu, a developer of mobile social media services, announced on Tuesday that it has closed on a $12 million third round of funding, led by new investor SEB Venture Capital.

Previous investors Atlas Venture, Crescendo Ventures and TTP Ventures also participated.

Founded in 2000, London-based ShoZu said it is attracting over 100,000 new users monthly to its service, which facilitates the exchange of content between mobile phones and Web-based social media sites, such as Flickr and Facebook.

For instance, ShoZu users can have new photos uploaded to a friend's Flickr account automatically delivered to their cell phones.

The company reached agreements last year with Motorola and Samsung, among others, that will result in its application shipping pre-installed on more than 50 million handsets in 2008.

 

Related Links:
http://snipurl.com/1yj29

http://www.shozu.com

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