Miyowa raises $8,000,000

Miyowa, a dynamic global company providing compelling instant messaging and presence enriched Mobile Web 2.0 technologies, today announced completion of a second round of financing of $8 million.  Miyowa created the first handset independent universal end-to-end client messaging technology (MoveMessenger(TM)), compliant with all major existing standards and systems and provides mobile operators and communities with a white-labeled, scalable range of Mobile Web 2.0 Instant messaging related content and services.  “Global mobile usage patterns are changing. Mobile users now want to have access to all of their social desktop PC applications anywhere and at anytime,” said Michel de Lempdes, investment director at Credit Agricole Private Equity. “The unique technology of Miyowa answers the mobile operators’ needs as they look for new mobile web usages, made possible by the launch and quick adoption of unlimited data subscriptions. We think Miyowa’s ability to offer innovative, new services in an unrestrictive fashion with almost no infrastructure investment, places it in prime position to take advantage of this market change, and provide the mobile applications that operators are seeking.”