Wireless - Wednesday, October 10, 2007
SendMe Buys Mobile SocNet Mbuzzy
San Francisco-based SendMe has acquired Mbuzzy. Mbuzzy was founded by Ryan Nobrega in June 2003. Mbuzzy isn't saying how many users they have, just that it does over 1/4 of a million downloads per month. It is a mobile sharing site where users can post photos, videos, ringtones, etc.
SendMeMobile.com and its other site SoLow.com have raised funding from True Ventures, Amicus and Spark Capital. The amount of the deal was not disclosed.
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