Zannel Takes $10M for Mobile Video

Medford, Cassimir
June 2008
Red Herring;6/2/2008, p1
Trade Publication
The article reports on the second round of funding of Zannel, a startup that blends video communications and social networking with mobile phones. The firm has received $10 million in a second funding round from Alloy Ventures. Zannel is one of the numerous well funded startups developing and marketing social-networking applications that take advantage of the mobility of cell phones. A research has revealed that the venture capital industry has given $431.2 million to 92 mobile social-networking firms in the first three quarters of 2007.


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