myRete Closes First External Financing Round with Lightbank

Funding Rounds

Summary

myRete, a San Mateo, CA and Alexandria, VA-based developer of a location-based social networking application called WhosHere®, has closed its first external financing round with Lightbank.The company intends to use the funding, whose amount remained undisclosed, to continue to scale its business and expand the team.WhosHere is a location-aware social proximity networking application that allows users to find other users with similar interests and connect with them real-time via free text, image messages and free VoIP calls without disclosing any personal information.It runs on Apple iOS devices including iPhone, iPod touch and iPad.According to a written statement, WhosHere has 4m users in 150 countries.

$ Funding

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Amount - Total raised
Date August 3, 2011 Announcement date
Investors Lightbank Lead investors
Company http://myrete.com Funded company

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