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yorktown · Site Admin Joined: 16 Jun 2004 Posts: 300

New York Based Mobile Dating Service Announces Completion of Series A Financing

(PRWEB) June 7, 2007 -- MeetMoi LLC., developer of the location based mobile dating service bearing its name, today announced the closing of an $1.5 M Series A round of financing with Acadia Woods Partners. The Company will use the funds to expand its leading edge product; grow its management and development team and market the MeetMoi service.

Available on Cingular, Nextel, Boost, Sprint, T-Mobile, ALLTEL and CellularOne, the MeetMoi service allows registered members to meet and date other users simply by sending a text message from their phone with a specified location. MeetMoi then registers the user as "available" and sends the user's profile and photo via text message to other users who meet specified criteria and are within a proximity preference. Members have the option of preserving their anonymity while chatting through the gateway of MeetMoi.

"We see mobile as the next frontier in social networking and believe MeetMoi is uniquely positioned with its deep social networking expertise and revolutionary approach to the mobile space to capitalize on that opportunity," said Jeff Samberg, Managing Member of Acadia Woods Partners. Acadia Woods Partners, LLC, is a New York based investment partnership that focuses primarily on early stage technology companies.

We see mobile as the next frontier in social networking and believe MeetMoi is uniquely positioned with its deep social networking expertise and revolutionary approach to the mobile space to capitalize on that opportunity
Andrew Weinreich, MeetMoi's CEO, went further: "With this capital we hope to aggressively expand our service offering and build a network of passionate users."

About MeetMoi, LLC

MeetMoi is based in New York City and is the brainchild of serial entrepreneur, Andrew Weinreich. Weinreich was the founder of the original social networking company, sixdegrees.com, which grew to over 3.5 million members before it was sold in December of 2000. Weinreich also founded Joltage.com (one of the first operational support systems for wireless networks); and I Stand For, Inc. (www.istandfor.com), a comprehensive technology solution for political campaigns and not-for-profits.