Meez completes its financing round
As word has leaked out today due to regulatory filings, we closed a $5M+ financing round with Battery and Transcosomos for Meez here at Donnerwood, and we also completed a key corporate acquisition in August, so it was a busy month.
Now we're focused on rolling out additional features and partnerships to drive Meez avatars farther into the mainstream, and to continue to increase our revenue through our integrated advertising program which has worked so well with Clinique, Metropark, Marshalls, Panasonic, Hairspray movie, etc.
Given that the most recent Pew Internet study indicated that only 9% of Internet users have created an avatar, we all have a rich market to mine in the next few years.
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