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Muzy Announces $4.4 Million Round of Funding

Muzy Announces $4.4 Million Round of Funding 
Investment to Support Scaling of Team and Expansion of Creative
Publishing Tools 
SAN FRANCISCO, CA -- (Marketwired) -- 06/19/13 --  Muzy, Inc., an
early-stage microblogging service focused on mobile content creation,
today announced a $4.4 million round of investment funding. The
startup has attracted more than 20 million users globally and is
adding more than one million new users each month.  
Investors include WPP (NASDAQ: WPPGY), the world's largest
communications services group; DOCOMO Capital, the Silicon Valley
venture arm of NTT DOCOMO, Inc. (NYSE: DCM), the leading mobile
communication company based in Japan; Recruit Strategic Partners, the
Corporate Venture Capital of Recruit Holdings, the Japanese Internet
company; and Chinese internet entrepreneurs Xuyang Ren, former VP of
Corporate Development for Baidu, and Jianfeng Lu, former CTO of Qihoo
360.  
Headquartered in San Francisco, Muzy was launched in 2011 by its
cofounders, CEO Andrew Chen and CTO Matt Rubens. Muzy will use the
new investment to further scale the engineering team and build out
the suite of creative publishing tools for the Muzy platform. Muzy
currently offers more than 50 mobile publishing tools and a global
network for sharing content, and Muzy is a "Top 100" photo app in 70+
countries. 
"This investment allows us to build stronger distribution in Asia,
with our new partners in Japan and China," said CEO Andrew Chen. "We
also look forward to partnering with WPP and its significant clients
to develop our advertising model." 
About Muzy
 Muzy (pronounced "Muse-zee") is a new kind of blog for
your creative side. Over 20 million users post, enhance, create and
share photos, thoughts, drawings, animations, collages and all kinds
of fun content. Muzy offers more than 50 publishing tools on Android,
iOS, and web, and a global network for sharing content. Having earned
25,000+ reviews with 4.5 out of 5 stars, Muzy is a Top 100 photo app
in 70+ countries. Muzy launched in 2011 and is based in San
Francisco, CA. For more information, visit www.muzy.com.  
Katrina Cabrera
katrina.cabrera@akqa.com
917.231.6022 
 
 
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