What Company Is Offering:
Zannel launched the mobile industry’s first Instant Media Messaging service, which allows users to instantly and visually communicate with their friends across mobile and the web, including all major social networks. Founded by the team that built the first large-scale mobile media storefronts in the US, Zannel combines the best of mobile messaging, media sharing, and social networking into an intuitive, compelling user experience.
How Much They Got From VCs:
Zannel (zannel.com), the mobile industry’s first Instant Media Messaging™ service allowing people to instantly update their friends and start real-time conversations by sharing multi-media updates from mobile phones, announced they have secured $10 million in Series B funding from Alloy Ventures and existing Series A investors U.S. Venture Partners and Palomar Ventures. To date, the company has raised at total of $16M.
"We spent over two years evaluating the mobile space and related communication technologies and talked with numerous companies," said David Ezequelle, Partner, Alloy Ventures. “When we met with Zannel, they stood out immediately. We found a seasoned and successful mobile team with a strong vision, and a solid business model.”
“We’re excited to have David join our team, especially with his extensive experience in special interest publishing and digital media,” said Adam Zbar, CEO of Zannel. “The mobile phone is rapidly becoming the dominant platform for social communication, and Zannel is fortunate to have the strong financial backing and major partnerships to bring Instant Media Messaging™ to the mass market in the US and abroad.”
More at:www.zannel.com
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