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eCommerce - Wednesday, October 31, 2007

Mobile Classified's Gumiyo Raises 2nd Round

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LA-based Gumiyo is a mobile online marketplace that uses cell phones to connect live buyers and sellers. Using any mobile phone, sellers can capture images or video of an item, attach the image to atext message, and send them to Gumiyo where the item will be listed. Gumiyo then places these listings on other Web sites including Froogle, Oodle and elsewhere.

Buyers can the search and browse items from mobile phones, get alerts to their mobile phone or email when new items become available, and contact sellers directly through a cell-to-cell connection, text messages or email.

Today, Gumiyo says it raised a 2nd round of financing, although its not saying how much.

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