Moko Social Media Raises $8 Million
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Perth, Australia – Moko Social Media, an international provider of Mobile Social Entertainment Platform has raised $8 million share placement to finance the company’s new and developing projects.
According to its website, MOKO is different because it builds highly tailored mobile community applications that the generic social networks do not offer. MOKO then commercializes this with premium and targeted mobile advertising.
MOKO chairman Greg McCann said that by using share placement, the company will have a strong balance sheet that would support continued development of its projects, including REC*IT, RunHaven and Bluestreetreview.com.
Funding Total: $8,000,000
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