Posts Tagged ‘media’

Fliptrack becomes Moblyng, gets $5.7m from VCs

Thursday, May 22nd, 2008

Social media service Fliptrack has been reborn as Moblyng and found itself on the end of an injection of VC funding. The company’s offering lets users mobilise and share all their content on social networking sites likes MySpace, including photos, videos and widgets, and announced yesterday that it’s got $5.7 million in venture capital funding from MDV-Mohr Davidow Ventures and Deep Fork Capital.

The service sounds technologically pretty nifty. It works like this, according to the company: “Moblyng technology automatically converts Flash-based content to images or video for mobile distribution, bridging the gap between online Flash objects and mobile devices, which do not widely support Flash-based content.”

With social networking now one of the most popular activities on the mobile web, it’s no wonder so many companies and VCs are gunning for it.

ROK social media acquisition is pure Geniem

Thursday, March 13th, 2008

ROK Entertainment Group, best known for its ROK TV application, has snapped up a controlling interest in Finnish mobile and web applications development company Geniem, taking a 51 per cent stake in the business.

Geniem, which sells on device portals, Bluetooth technologies and social media to carriers as well as consumer goods companies, has the likes of Nokia, Volvo, ABC, Pepsi, and SonyBMG already among its customers.

Tuomas Kumpula, Geniem’s CEO, said the company will be rolling out its services to ROK’s customer base and will be introducing a white label mobile social networking product aimed at network carriers in the future. The deal sounds like it could be a hot combination – bringing together two of the most talked about mobile applications, mobile TV and social networking.


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