Tuesday, January 29, 2008

ShoZu Finds $12M

London-based ShoZu, a provider of mobile phone and Web-based social media tools, said Tuesday that it has raised $12M in a Series C funding round. ShoZu said the funding came from SEB Venture Capital, the venture capital arm of Skandinaviska Enskilda Banken. Atlas Ventures, Crescendo Ventures, and TTP Ventures also participated in the funding round. ShoZu operates a service that allows mobile phone users to post to social networking sites, blogs, photo and video sharing sites, and other social media websites. ShoZu's U.S. headquarters are located in San Francisco. More information »