Emeryville, CA, October 05, 2011 --(PR.com
)-- Fotobabble, a leader in photo-powered social media solutions, today announced a first close of $600,000 in a new round of funding, led by Q Investment Partners, the investment affiliate of Auqeo! Inc., and joined by other investors. Fotobabble will use the funds to expand its social media platform that lets individuals and businesses leverage the power of photos and audio to interact with their friends, fans and customers. It will also use funds to accelerate sales, strengthen its market presence and maintain aggressive growth.
“Fotobabble provides solutions for businesses and individuals to share stories and engage with audiences through the power of photos, slideshows, and audio across web, mobile and social networks,” said Kamal Shah, Fotobabble’s Founder and CEO. “This funding lets us further expand our web and mobile platform and help our customers take advantage of the explosive growth of social networks and photo-sharing.”
Using Fotobabble’s existing mobile, web and Facebook applications, users can easily take, edit and enhance photos; record voice or other audio; and share this personalized content. Businesses can leverage Fotobabble’s comprehensive platform to execute campaigns and engage with customers and fans on mobile devices, web sites, Facebook Fan Pages and other social networks. Similarly, developers can use Fotobabble’s apps, widgets and APIs to integrate it into existing web, mobile and enterprise applications. Fotobabble’s product roadmap includes a number of major features that will expand its offerings, provide additional solutions for businesses, and drive revenue.
“We’re excited to help Fotobabble realize their vision of bringing the power of photos, voice, and new technologies to social media marketing,” said Kraig Clark, managing partner of Q Investments. “Looking at the market opportunity for creative social media tools, Fotobabble’s product roadmap, and what their team has already been able to accomplish, we feel it’s a great investment.”
Major brands and nonprofits such as NBC Interactive/iVillage, National Relief Charities, Saltire Foundation, Parent Project Muscular Dystrophy Dogster, Our365, and My Wines Direct have used Fotobabble’s solutions to deliver effective social media marketing campaigns. In addition, tens of thousands of people in small business, education, photography, real estate, nonprofits, travel, food, media, retail and brand marketing use Fotobabble to tell stories, engage audiences, promote their products and services and enhance their existing web-based and mobile applications.
Fotobabble is a social media software company that provides photo-powered solutions for businesses and nonprofit organizations to engage their customers, fans and audiences across web, mobile and social networks. Fotobabble’s first products let anyone add voice to photos in seconds on their iPhone or web browser and to share their Talking Photos and Talking Slideshows. For more information, visit: http://www.fotobabble.com. Follow us on Twitter @fotobabble. Like us on Facebook at http://www.facebook.com/fotobabble.
About Auqeo!, Inc. and Q Investments Partners, LLC
Auqeo!, Inc. is a strategic B2B sales management company whose founders have formed Q Investment Partners to focus on investing in and creating effective and scalable sales organizations. Auqeo, Inc. provides rapid, significant and sustainable revenue growth for companies with emerging products and technologies. Working in combination with Q Investment Partners, Auqeo can strategically infuse capital. When Auqeo commits resources to its clients, they also commit to helping form a better, stronger foundation that will allow and sustain growth. For more information, visit www.auqeo.net.
Fotobabble, Tanya Caragol
tanya at fotobabble dot com