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Mobile Social Network MocoSpace Gets $3 Million First Round Funding

MocoSpace, a mobile social networking startup (nothing to do with us, despite the name), has received $3 million in its first round of funding…the round was led by General Catalyst, Bob Pittman’s Pilot Group and Michael Deering. The Boston-based company has been around for some time, and says it is nearing 1 million members. It has grown organically and has been doing ad campaigns across mobile ad networks such as Third Screen Media and AdMob, it says. Some more info about the company here: “It is an icon-driven, off-deck gateway into profiles, blogs, user-uploaded videos and chats. Siegel says that the audience skews ethnically to African-American and Hispanic members, who comprise more than half the population.”

Aug 26, 2007 10:41 PM ET

Posted In: Money, M&A & Venture Capital, Social Media

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Comments (12)

Aug 27, 2007 9:15 AM

Its funny that so much of their population is Hispanic considering that ‘Moco’ means booger in spanish

Mark

Aug 27, 2007 12:13 PM

‘MocoNews’,  ‘MocoSpace’ pretty easy to mistake one for the other.
Could there be a fight for the name in the future?

Breadmarket

Sep 4, 2007 11:14 AM

I remember when they were copying zedge.net so I guess they are another wannabe clone that found someone to bite.

Mojo

Sep 5, 2007 6:37 AM

I always avoided writing here what “moco” means in Spanish, to avoid making Rafat sad. Hope he took it well… :)

Giordano Contestabile

Sep 5, 2007 9:52 PM

Boogernews.net - unhealthly obsessed with picking my nose.

But in all seriousness. Mocospace is a great service and is not centered around mobile content like the name sounds. I personally would never use a WAP based social network unless I was on a blazing 3G phone. Perhaps these networks will become more popular with the mainstream when that happens.

Craig

Oct 22, 2007 12:54 PM

Too many pedafiles on mocospace recently.

Mil

Oct 22, 2007 12:56 PM

The owners Jamie and Justin have to do something about it quick before the mayhem begins!

Mil

Jan 9, 2008 3:45 PM

ive been a member of mocospace for, i think, two years now. i personally love it and im obsessed lol its pretty fun if you know who to avoid. definitely to many perverts (as posted above) !!

emi

Jan 17, 2008 2:22 PM

moco is awosome

tif

Mar 1, 2008 4:22 PM

mocospace have riped off meny WAP / WEB based social networks in the Passed (prodigits.co.uk) (dejavuwap.com) it is mayhem 2 think that they are geting so big fron riping and hacking other ppls hard work i personally have had my sacial network hacked by thier owners and hav my codeing work the used long wiv other site codeing like prodigits ,my space and others

JAy Dodson

Mar 9, 2008 4:29 PM

i love it.im addictive to it.

smilebren1

Mar 12, 2008 9:42 AM

i agree that there are waaay too many pedo there…but youre going to find pedos on any wap/web site
and i agree that mocos ripping stuff from other social networks…ivent been a big fan of their recent re-vamp making the site look sooo much like myspace..its rediculous…tho the instant messaging is cool..it is also a rip from prodigits…

but still its guna be my fav chat site…been there prolly close to 3 years now…

yin yang

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