mig33 Closes $10 Million Series A Led By Accel Partners and Redpoint Ventures

BURLINGAME, Calif., May 7 /PRNewswire/ -- mig33, the global mobile Internet community, today announced that parent company, Project Goth, has closed a Series A funding round of $10 million co-led by Accel Partners and Redpoint Ventures, with substantial contribution from Technology Venture Partners, to expand its mobile phone based global communications service. mig33 is opening the most popular Internet services up to all mobile phone users with a rapidly emerging user base, already serving more than 200 countries since launching in beta in December 2005. mig33 has raced to the lead in a category that technology companies, industry experts and financers believe will be one of the fastest growing in the next decade.

mig33 is the first global mobile community bringing the power of the Internet and community together for anyone with a mobile phone by offering the benefits of inexpensive mobile VoIP calls, instant messaging, text messaging and social networking and community features, that let users share content while chatting in forums or specific chat rooms they create and share with friends. Depending on the country being called, mig33 says users can save up to 95% on their international calls and roaming costs.

"For most of the world, the mobile phone is already the primary device for connecting to the Internet, and this trend is growing in the U.S.," said Steve Goh, CEO and co-founder of Project Goth. "Our mobile platform let's anyone get online from just about anywhere they are and immediately begin communicating and sharing with the community. With a potential five billion worldwide residents still waiting to access the Internet we expect to be a primary window to the Web."

The service is in beta in more than 200 countries, including India, Monaco and South Africa. Already, mig33 has more than 4 million users sending more than 15 million messages every day.

mig33 will launch in the U.S. and additional countries in the coming months. The service has already won the prestigious technology award "Favorite Startup" at the eTel Conference LaunchPad event in Silicon Valley.

"There is a race on around the world to establish a mobile platform that can be the gateway to the Internet for literally billions of consumers," said Kevin Efrusy of Accel Partners. "We believe mig33 is well down the path of becoming a leader in this global race to bring the Internet to most of the world."

mig33 is an easy to use application that works on most mobile phones, even basic models, regardless of carrier, and creates an instant global mobile community experience to share with existing and new friends. The technology was built for the mobile phone, making mig33 an integrated and easy way to access and use many instant communications around the globe.

About mig33

mig33 is the global mobile Internet community. The service's parent company, Project Goth, is currently headquartered in Perth, Australia, and the company is relocating to Burlingame, Calif. With more than 4 million global users already, mig33 offers mobile phone users the power of the Internet and cost savings on VoIP calls, text messaging, instant messaging, chat rooms, profiles and photo sharing. For more information, visit http://www.mig33.com/ .