Wednesday, August 5, 2009

Mocospace - social networks on mobile devices

Headquarters: Boston
Employees: 26
Founded: 2005
Web: www.mocospace.com
E-mail: jim@corp.mocospace.com
Phone: 617-542-1614

THE TECHNOLOGY
MocoSpace is a mobile phone-based social network intended for young “Generation Y” consumers. On the site, users can build profiles, share pictures, instant message, chat and blog. The company says it makes money through advertising. In May, the company was a finalist in the 2009 MITX Technology Awards in the mobile category.

THE PEOPLE
Management team
Justin Siegel, CEO and co-founder; Jamie Hall, CTO and co-founder.

Previous venture
Siegel and Hall sold their former company JSmart Technologies to SK Group in 2004.

The board of advisers
John Simon, managing director, General Catalyst Partners; Brad Hoover, partner, General Catalyst Partners; Jim Sheinman, formerly of Bebo Inc.; Michael Dearing formerly of eBay Inc.; Raghav Gupta, vice president of international products, Brightcove Inc.

THE BUSINESS

Partnerships, collaborations or affiliations are already in place
The company says it has struck partnerships with content providers like Sony Corp., Universal Music Group, 4Info, Greystripe Inc. and go2 Media Inc. to deliver content to mobile consumers. The company says it also partners with wireless carriers including T-Mobile USA Inc., Virgin Mobile USA Inc. and Verizon Communications Inc., and with advertising networks such as Admob Inc., Third Screen and Quattro Wireless Inc.

The market size being pursued
MocoSpace says its market comprises more than 280 million mobile users in the U.S. Of those 280 million, 95 million pay for a data plan, according to the company.

Competitors, direct or indirect
Direct - MySpace Mobile and Facebook Mobile.
Indirect - Radar.net and Shozu.

Profitable
No.

Information extracted from http://www.masshightech.com

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