ShoZu Raises $12 Million; Aims For More Partnerships

 By 
Mark 'Rizzn' Hopkins
 on 
ShoZu Raises $12 Million; Aims For More Partnerships
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ShoZu is a London-based company we've covered here in the past, as they built on their initial service of publishing camera phone media to media-sharing sites to offer two-way mobile social media-sharing. Today they have announced that they've raised $12 million in their third round of funding. The award winning service works seamlessly with many of the most popular media sharing social platforms like Facebook and Flickr.

According to the company, this has lead to runaway growth, especially now that their application is available on 317 phone models in over 100 countries. Their downloads have been doubling every single 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.

This round of funding is going to be primarily spent on growing the company to suit the new visions of SEB Venture, which reportedly include striking a deal with at least one more mobile phone company.

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