Miyowa is next generation solutions enable service providers to liberate their networks, deliver aggregated rich content and services to end users

What Company Is Offering:
Miyowa is a dynamic global company whose next generation solutions enable service providers to liberate their networks, deliver aggregated rich content and services to end users. A Red Herring Top 100 company, Miyowa's award winning technology is innovative and proven, and relied on by leading mobile operators around the world, processing over 3 million interactions per day. Cited as the global industry leader for Mobile IM, it is also number 1 in Mobile Messaging Clients.

Miyowa created the first handset independent universal end-to-end client messaging technology (MoveMessenger(TM)), compliant with all major existing standards and systems and provides mobile operators and communities with a white-labeled, scalable range of Mobile Web 2.0 Instant messaging related content and services.

How Much They Got From VCs:

Miyowa, a dynamic global company providing compelling instant messaging and presence enriched Mobile Web 2.0 technologies, today announced completion of a second round of financing of $8 million bringing the company's total financing to date to $12.7 million. The funding round was participated in by Techfund, who funded Miyowa's first round of financing in September 2006, and Credit Agricole Private Equity, a new investor. Combined with revenue derived from increased mobile operator contract wins, the additional financing will be used to accelerate commercialization of Miyowa's existing products, bring to market a revolutionary enriched mobile instant messaging solution, and expand operations into the U.S. and Asia.

"Global mobile usage patterns are changing. Mobile users now want to have access to all of their social desktop PC applications anywhere and at anytime," said Michel de Lempdes, investment director at Credit Agricole Private Equity. "The unique technology of Miyowa answers the mobile operators' needs as they look for new mobile web usages, made possible by the launch and quick adoption of unlimited data subscriptions. We think Miyowa's ability to offer innovative, new services in an unrestrictive fashion with almost no infrastructure investment, places it in prime position to take advantage of this market change, and provide the mobile applications that operators are seeking."

More at:http://www.miyowa.com