Mobile video messaging company MoGreet raises $2.5 million
Venice, Calif.-based MoGreet, a mobile video messaging company, has raised $2.5 million in a second round of funding from Draper Fisher Jurvetson Frontier Fund. DFJ remains the sole investor, after a first round of $1.2 million. Users browse the video collection on MoGreet’s web site, and send “mogreets,” or 15 to 30 second mobile video messages, to a mobile phone for $.99.
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About the Author, David Adewumi
David Adewumi, Founder and Chief Storyteller of http://heekya.com, leads the overall vision and product strategy for the start-up dubbed the ‘Wikipedia of Stories.’ For the past year, he has been a contributing writer for VentureBeat, with a focus on digital music and social start-ups. Previously, he led sales & product development for Lomic, Inc. an oil & natural gas software firm. David has served in the US Army as an Airborne Infantryman, before being appointed to the US Military Academy at West Point. He attended the Pennsylvania State University, where he pursued a degree in Economics.