Moblyng Raises $5.7 Million

Moblyng, a Menlo Park, Calif.-based company that allows users to “mobilize” social media content, has raised $5.7 million in first-round funding from Mohr Davidow Ventures and Deep Fork Capital.

PRESS RELEASE

Moblyng (www.Moblyng.com), an emerging leader in mobile social media, announced today the launch of its beta product which allows consumers to mobilize all major forms of social media content:  photos, videos, slide shows and other “widgets.”  Moblyng offers a free, fun and easy way for consumers to share media with friends using their mobile devices.  Moblyng works on most phones that display photos or videos, including mobile phones that do not otherwise permit Flash-based content, such as the iPhone.  The company also announced today that it received $5.7 million in funding from MDV-Mohr Davidow Ventures and Deep Fork Capital. 

 

Moblyng's groundbreaking and patent-pending technology allows consumers to mobilize existing social media like Slide and RockYou slide shows, YouTube videos and MySpace videos slide shows and photo albums — all with one click. Using Moblying's technology, users do not need to download any applications to their phones.  Consumers simply “scrape” content from their MySpace, Friendster or other social network page and send it directly to their mobile devices.  Facebook users can use a unique Moblyng Mobile Slide Show application to easily share creations online or with mobile phones.  Moblyng technology automatically converts Flash-based content to images or video for mobile distribution, bridging the gap between online Flash objects and mobile devices, which do not widely support Flash-based content.  Users can also create new media, share media and send “gifts” to friends on their mobile devices. 

 

“Moblyng is the first mobile social media solution to mobilize the cool stuff users already have on their profiles.  We have unique and patent-pending technology that offers a free, fun and easy way for consumers to share photos, slideshows, video clips and almost all other media from a social network page directly to a mobile phone,” said Stewart Putney, founder and CEO, Moblyng.  “We are the first to market with this technology on mobile devices and look forward to driving the industry which has projected growth of mobile media downloads of 200 million in 2007 to 9 billion in 2012.  In addition, we are excited to have support from MDV, which is a recognized leader in the mobile and social media marketplace, and the support, energy and operational experience of Deep Fork Capital.”

 

“Moblyng has the right technology at the right time and is already on the way to transforming  and accelerating the growth of mobile social media,” said MDV General Partner Jon Feiber.  “Stewart and the team have built a technology that will help drive the distribution of mobile widgets, build a global audience and generate real revenue.”

 

About Moblyng

 

Moblyng, formerly Fliptrack, is the leader in mobile social media and can detect and “mobilize” photo and slide show widgets and online video from any social media page or URL.  The company has patent-pending technology that provides detection, “scraping” and mobile distribution of social media.  The company is privately held and headquartered in Menlo Park, Calif.  For more information, please visit: www.Moblyng.com.

 

About MDV-Mohr Davidow Ventures

 

MDV has been a top-tier Silicon Valley venture capital firm for 25 years. The firm funds and mentors entrepreneurs and young companies redefining business,  technology and medicine. MDV invests around three major themes: Driving the Digital World; Powering the Planet; and Personalizing Medicine. The firm takes a hands-on approach to architect and help build successful companies. Investments include: Agile (ORCL); Brocade; Epigram (BRCM); Genius; hi5; Infusionsoft; Medio; Nanosolar; ONI Systems (CIEN); Pacific Biosciences; Proofpoint; Rambus; Revenue Science; Sabrix; Woven Systems; and Visible Measures. The firm has $2 billion under management. For more information visit: www.mdv.com.

 

About Deep Fork Ventures

 

Deep Fork Capital, with offices in Menlo Park and Oklahoma City, was founded in 20078 by Managing Partners Aubrey K. McClendon, Andre de Baubigny and Timothy Komada,  Deep Fork provides venture capital to best-in-class consumer technology, Internet and digital media ideas. For more information,
contact info@deepforkcapital.com.