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 AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.