Flirto In The Money Again

Online and mobile flirting company Flirtomatic has secured investment from Oxford Capital Partners, joining Nauta Capital and other existing investors. The investment brings Flirtomatic’s total amount of funds raised in 2010 to $10m (£6.3m).

The company says it will use the investment to bring in further talent across Europe and the US, to help support marketing efforts and the growth it has experienced across different territories. Flirtomatic now has over 1m members in the US after launching there earlier this year, and, with over 3m members worldwide, the company will be launching into further European countries in 2011.

“Its really great to see this level of confidence from investors in Flirtomatic, building off our progress in the last year,” says CEO and founder, Mark Currtis. “The mobile market is only becoming more complex, not less, and we felt strongly that we needed to raise a significant series C round in order to seize the advantages we now see.  With this additional funding, we will be able to build on our global expansion plans.”

Flirtomatic is available online and available to download on iPhone, iPod touch, Android, Blackberry and via the Nokia Ovi Store.