Whether it will be able to withstand the intense rivalry of the likes of Instagram, Viddy and SocialCam – plus a plethora of other media sharing apps – remains to be seen, but photo and video sharing platform startup Mobli has picked up $22 million in fresh funding to give it a shot. Mobli, which hit 2 million users in April this year, had earlier secured $4 million in financing. Among its investors and advisors, we find celebrities like Leonardo DiCaprio, Tobey Maguire, Serena Williams and Lance Armstrong. Read the full story at The Next Web.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.