Mobile agency Somo has completed a $5.5m round of funding, led by MMC Ventures.
Last year, Somo received investment from the MMC London Fund – an £11m fund, overseen by the Mayor of London, to support the growth of businesses based in the capital.
Since then, Somo says it has more than doubled in size, hiring 60 additional staff around the world, and attracting clients including De Beers, British Gas, and Tesco.
“Somo is growing at a phenomenal rate. We are consistently impressed by the performance of the team, and the business as a whole,” said MMC Ventures partner Rory Stirling. “The MMC London Fund is all about identifying the fast growth London businesses that can go all the way given a little support, and we are very pleased to be continuing to support Somo as they progress.”


