– GyPSii, the provider of a location-enabled social media platform, announced
on Monday that it has closed an $11 million funding round, led by Schroders.
GyPSii said its mobile lifestyle and location-based applications are offered by
carriers including China Mobile, China Unicom and Telefonica, and are bundled
on hundreds of millions of devices from Samsung, LG, HTC, Lenovo and Apple.
company on Monday also launched Tweetsii, a new mobile application for Twitter
that includes location features.
GyPSii will use the funds to support marketing
and additional product development.