Wednesday, March 19, 2008

SendMe, Inc. turns any mobile phone into a portable playground has secured $15 million

What Company Is Offering:
SendMe, Inc. turns any mobile phone into a portable playground. As the premier mobile media company, SendMe's family of destination sites lets you take the fun from the Web to your mobile phone with the broadest and best content, entertainment and community out there. SendMe's three properties --, and -- deliver content from today's pop culture sensations, niche independent creations, stuff from our own community, and one-of-a-kind mobile games that will keep you coming back for more. So whether you're looking for new ways to show your personal style, eager for some mobile gaming excitement, or trying to stay connected to the people and things you love most, SendMe brings it all to you -- how you want it, when you want it. Founded in 2006 by three veteran online and mobile entrepreneurs.

How Much They Got From VCs:

SendMe Mobile , the premier mobile media company, has secured $15 million in Series C growth capital financing. Led by new investor GrandBanks Capital, the Series C round also includes existing investors True Ventures and Spark Capital. SendMe will use the financing to extend market share for each of its three core brands,, and SendMe's growth strategy will also focus on adding new premium and community-generated content, services, and applications to each brand; launching new brands to support its connected portfolio strategy; and accelerating opportunities for other major acquisitions.

"With an exploding market opportunity for off-deck services in the US, SendMe has been able to navigate the marketplace effectively to offer the most innovative mobile media platform available today," said Ryan Moore, general partner at GrandBanks Capital and new SendMe board member. "SendMe's three destination sites combine to fundamentally change the way consumers discover and share content they love the most, and offer a new and compelling way for major media companies to connect with their target audiences."


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