Mobli Banks $22 Million in Series B Round
Social photo-sharing app Mobli announced Wednesday that it had raised another $22 million in its series B round of funding, with the bulk of the money ($20 million) coming from a single investor: Kazakh multimillionaire Kenges Rakishev. Mobli has raised $28 million to date and will use the capital injection to continue in its quest for share in an increasingly crowded market with no dearth of photo-sharing applications.
