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Posts Tagged ‘paloma mobile’
News, Startups - Friday, June 15, 2012 16:32 - 0 Comments
Sydney’s Paloma wins $1.5m local investment
news Sydney-based next-generation mobile startup Paloma Mobile has raised $1.5 million in investment funding from Australian venture capital firm OneVentures, in a move which will further highlight the growing strengths of the local funding landscape for Australia-based technology startups.
Paloma was founded in July 2011 by established entrepreneurs by Jennifer Zanich and Steve Langkamp. It is focused on developing smartphone technology for mobile telco partners in fast-growing regions such as Southeast Asia and Latin America. Its first service, dubbed ‘Photo Chat’, allows users to share photos and use associated social networking features in private conversations with friends or family. It is based on what Paloma is terming its ‘cloud’ — a software as a service-based platform which allows low-end mobile devices to escape the restrictions of their limited hardware by utilising the benefits of online connectivity.







