Whats news: Local multimedia marketing company Mogreet scores a B-Round to bring its funding up to $14M with lead investor Black Diamond joined by prior investors DFJ and Ascend Ventures. The new funding will be used to develop and launch moShare, a mobile sharing service to join the existing messaging service SoLoMo (Social, Local, Mobile). Details from the press release here.
The Los Angeles based mobile video marketing company provides tools to create APIs that allows clients to quickly prepare and propagate SMS and multimedia messaging to their customers. Mogreet counts both F1000 and SMBs among their client base and grew 1000% last year. Mogreet’s tools make it easy for the client’s customer base to resend client video communication to others via social networks.
About: Founded in 2006, Mogreet is the leading mobile messaging platform for the delivery of rich media to mobile devices. The company works with leading marketers in entertainment, media, retail, consumer products, health care and real estate. Currently supported in over 175 countries, Mogreet’s platform can reach 2 billion consumers globally. Mogreet is headquartered in Venice, California.
LSMFT – Local Significant Mobile Focus Today – a look at the local firms making a difference in the mobile ecosystem of southern California. LAVA Mobile is the Strategic Interest Group focused on ubiquitous computing for the members of the Los Angeles Venture Association and the regional business community.