Mozat, which provides the mobile social media platform of the same name (formerly known as Morange) has announced that it raised an undisclosed amount of Series A funding from JAFCO Asia earlier this year.
Mozat is a social networking platform tailored for the most popular mobile phones in the market. For consumers, Mozat serves as a mobile social community that allows users to connect and interact with each other, as well as providing access to their favourite email, Instant Messaging (IM) and social gaming applications. For operators, Mozat provides an extensible, market-ready mobile social networking platform that drives data usage and builds customer loyalty. It is available for free via the Mozat website, or in a premium version through selected mobile operators in Asia and Latin America, including Saudi Telecom Company (STC) and Orange. The Mozat community currently has around 10 million registered users, predominantly in the emerging markets of Asia and the Middle East.
The Series A investment gets us ready for prime-time, says Mozat Founder and CEO, Dr. Michael Yin. 2010 will be a deciding year for mobile social network service as we see mobile operators in emerging markets leveraging their GPRS and 3G networks to drive data usage through value added services and applications.”