MocoSpace Gets $3.5M In Strategic Funding from SoftBank Capital to Expand with Mobile Browser-Based Social Games

Boston, MA (PRWEB) September 23, 2010

Company already profitable, adds strategic capital to build out groundbreaking social games platform

Boston - Sept 23, 2010 - MocoSpace, the largest social entertainment destination on the mobile web, today announced a $ 3.5 million round of strategic funding from SoftBank Capital. MocoSpace will use the funds to expand its mobile browser-based social gaming offerings and management team. Previous investors in MocoSpace include General Catalyst, Pilot Group and prominent angel investor Michael Dearing.

MocoSpace is the largest entertainment destination on the mobile Internet, with over 14 million users and three billion page views per month. The company, which is already profitable, plans to use this round of funding for the development of its MocoSpace Games platform. The platform will provide game developers with a robust environment and mobile web reach via smartphone browsers, as well as access to the MocoSpace audience - which already plays one million games on the site per month. MocoSpace will be launching its own browser-based mobile social game, and is currently developing partnerships with mobile web game developers to provide a wide range of game titles on its platform.

Vikrant Gandhi of Frost & Sullivan has followed MocoSpace's growth over the years, and describes the company's success: "MocoSpace has demonstrated a rare ability to build a large mobile internet brand and generate profits while appealing to a broad base of consumers. The mobile browser represents the next frontier of social games, and companies like MocoSpace have a great opportunity to lead this nascent market."

As part of the investment, SoftBank Capital's managing partner, Ron Fisher, is joining the company's Board of Directors. As founder of SoftBank Capital, Fisher has over 30 years of experience working with high growth and turnaround technology companies, and serves as a member of the board of directors of SoftBank Corp., Japan, as well as on the boards of several public and private companies, including Desktone, E*Trade Group, GSI Commerce, FooMojo, LiteScape Technologies and Nellymoser, Inc.

"MocoSpace is uniquely positioned for massive growth at the crossroads of powerful trends in mobile, gaming and social, as well as appealing to one of the fastest-growing segments of the U.S. population, the Hispanic market," said Fisher. "Softbank is excited to be an investor. MocoSpace has done a great job building an industry leading, profitable business, and we're excited to help the company broaden its entertainment offerings and innovate in the social games space."

"The chance to work with Ron and the Softbank team was a no-brainer for us. They have a tremendous amount of expertise both here and abroad in all the key parts of our business," says MocoSpace CEO and co-founder Justin Siegel. "I look forward to working with them in the coming years as we continue to expand our business."

About MocoSpace

For a young, multicultural, on-the-go generation, MocoSpace is the destination of choice for making friends, having fun and staying connected. MocoSpace has over 14 million registered users generating over 3 billion pages per month, making it the largest social entertainment destination on the mobile web. MocoSpace is free and available on any web-enabled mobile phone in the world.

Launched in 2005, MocoSpace is backed by General Catalyst and Softbank Capital and is based in Boston, MA. For more information on the company, visit http://www.jnjmobile.com

About SoftBank Capital

SoftBank Capital is an independent venture capital firm focused on early stage businesses addressing ubiquitous, social computing. The firm addresses opportunities that deliver socially-driven content, services and applications across platforms and devices. SoftBank Capital offers entrepreneurs and their management teams valuable experience and resources, including our close association with SoftBank Corp. in Japan. SoftBank Capital has offices in Newton Center, MA, New York City and Buffalo, NY. For more information, visit http://www.softbank.com.

Follow MocoSpace on Twitter: http://www.twitter.com/mocospace

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Portfolio Mobile for iPhone Gets New Services

San Diego, CA (PRWEB) September 14, 2011

Bare Reef has updated its full line of iPhone stock portfolio management applications with quote support from Bloomberg, Morningstar and Reuters, as well as basic charts from Reuters. Portfolio mobile aggregates market data from more sources than any other app with quotes from seven different sources, offering the most comprehensive coverage available to investors.

Investors, especially outside of the US, face serious challenges tracking their portfolios. Having more options for source data improves both the breadth of market coverage and the integrity of the data, says Bare Reef President Greg Hoover.

Portfolio mobile (previously StockTrac) offers the most comprehensive set of features found in any iPad, iPhone or Mac stock portfolio monitoring application. Among them are:

Support for multiple portfolios
Support for trading in multiple currencies
Technical charting
Reporting (Mac / iPad versions)
PUSH-based price alerts (iPad / iPhone versions)
Broker integration using Open Financial Exchange (OFX)
Portfolio performance comparison and charting
Web-based management and backup

Device Requirements:

iPad, iPhone, iPod Touch and Mac
Requires iOS 3.2 or later / Mac OS X 10.6

Pricing and Availability:

Portfolio mobile for iPhone is $ 2.99 USD (or equivalent amount in other currencies). Portfolio mobile for iPhone Pro is $ 19.99 USD (or equivalent amount in other currencies). Portfolio mobile for iPad is $ 19.99 USD (or equivalent amount in other currencies). Portfolio mobile for Mac is $ 24.99 USD (or equivalent amount in other currencies). iPad and iPhone versions are available worldwide exclusively through the App Store in the Finance Category. The Mac version is available worldwide in the App Store and at http://www.portfoliomobile.com.

Bare Reef LCC was founded in 2006 by Greg Hoover to provide customer-driven applications for investors of all backgrounds. Bare Reef develops desktop applications, web-based services and mobile apps for a variety of platforms. Its flagship product, Portfolio mobile (previously StockTrac), comprises a line of mobile and desktop apps that boast an unparalleled feature set and the most responsive support. For further information, review licenses, or to schedule interviews, please contact Bare Reef President Greg Hoover. Copyright (C) 2011 Bare Reef LLC. All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and /or other countries.

Greg Hoover

President

ghoover(at)barereef(dot)com

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Go2 Gets Set for 2012 Olympics Holiday Rental Onslaught

Honiton, Devon (PRWEB UK) 14 July 2011

Having established its position as a provider of cottage and holiday let search and comparison in the UK, Go2 Holidays (http://www.go2-holidays.com) is seeking to build on the success of its first year by targeting the 2012 Olympic Games.

Everyone knows the best ideas are the simplest. And Go2 Holidays began with a very simple idea to bring together holiday lets and cottages from different companies, and individual owners, into one website where users could then search, compare and review them to their hearts content. It sounds obvious, and we all know its an idea which has worked well online for gas, electricity and insurance, but for some reason, its a facility which has been somewhat lacking in the holiday rental sector - in the UK at least.

After several years of frustration at having to trawl through the offerings of individual holiday company websites, jumping from one to another via a search engine, repeatedly entering the same details into each site, Ian Potts, the founder of Go2 Holidays, decided to do something about it. Go2 (http://www.go2-holidays.com) is the result. Not only does this site bring together a vast range of properties from both large self catering providers such as Hoseasons and area specialists such as Imagine Ireland, it also provides its own private listing facility in a bid to combine the best of all worlds in one place (agency-run and direct private owner properties). To cap it all off there are area guides, user reviews and even hotels to search too all presented in a clear, colourful and easy to use design.

Going on holiday is meant to be relaxing, Ian comments, but sometimes just finding the right accommodation is too much like hard work. With Go2 we simply wanted to take the stress out of the process, and give folks one place where they search and compare cottages in Newquay, for example, without the need to go jumping about from site to site. We made Go2 because we had a need for it, and I think our visitors feel the same way.

Building and maintaining a site like Go2 is a lot of work, but if its first year has been a busy one, the next twelve months look set to get busier yet! With the 2012 Olympic Games coming to London there looks set to be a run on accommodation throughout many parts of the UK, and Go2 Holidays is in a good place to cater for the demand. And with an entry in this years Good Web Guides Website of the Year award, Go2 has its gaze firmly set on a medal of its own.

Go2 Holidays launched in the middle of 2010 the fruition of an idea by its founder Ian Potts and the desire to take the stress out of finding and booking self-catering holidays. Now in its second year this South West based Search, Comparison and Review website continues to build upon its strong foundations, with an ever-increasing range of properties now over 17,000 in the UK and Ireland alone.

To learn more about Go2 and how it can speed up your search for a holiday visit: http://www.go2-holidays.com

Media Contact:

Ian Potts

ian(at)go2-holidays(dot)com

http://www.go2-holidays.com

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