$12 Million for ShoZu
“Why buy a round trip ticket to see your friends when ShoZu offers one for free?” Well that is the proposition ShoZu has to offer its mushrooming user base. The London-based company is presently building their initial services as they aim at offering camera phone media to media-sharing sites. The application offers two-way mobile social media-sharing capabilities to its users. With just one MMS you can upload your photos to a range of social networking websites like Facebook and Flickr.
ShoZu is still in its funding phase and the third round of the same has raised $12 million. This funding round was lead by SEB Venture Capital, with participation from Atlas Venture, Crescendo Ventures and TTP Ventures. Now their application is available on 317 phone models in over 100 countries and the third round of funding has boosted their growth process. The ShoZu team is even proud about their downloads which has been doubling every month, in addition 50 million phones that will ship with the application pre-installed as a result of deals with Motorola and Samsung last year. As per sources the third round of funds will be used on growing the company to suit the new visions of SEB Venture.
Hey there,
Thanks for picking up on the release about our series C funding.
This really gives us a huge boost as we ship out on 50m+ handsets this year and ensures that our team can always stay ahead of the curve in development and innovation
As a matter of fact, a brand new release of ShoZu is just around the corner with some awesome new features and new site integrations 
It is certainly a happy 2008!
Best,
Jambo
The ShoZu Blog
http://shozu.vox.com/
This is so sad… ShoZu is so sad, they already ran out of the last round of funding? Their client-based application strategy is so ridiculously flawed, they must have 20 engineers updating the application as more and more mobile phones are released every day!!
Jambo, you’ll be out of a job in 6 months…