Muzy, Inc., a San Francisco, CA-based early-stage microblogging service focused on mobile content creation, raised $4.4m in funding.
Backers included WPP (NASDAQ: WPPGY), DOCOMO Capital, the Silicon Valley venture arm of NTT DOCOMO, Inc. (NYSE: DCM), Recruit Strategic Partners, and Chinese internet entrepreneurs Xuyang Ren, former VP of Corporate Development for Baidu, and Jianfeng Lu, former CTO of Qihoo 360.
The company intends to use the capital to further scale the engineering team and build out the suite of creative publishing tools for the Muzy platform.
Launched in 2011 by its CEO Andrew Chen and CTO Matt Rubens, Muzy currently offers more than 50 mobile publishing tools on Android, iOS, and web, and a global network for sharing content.
It has more than 20 million users globally, who post, create and share photos, thoughts, drawings, animations, collages and all kinds of content.
FinSMEs
19/06/2013