Singapore – Bubble Motion, the developer of a voice-based,
mobile social networking platform, announced that it has raised $10 million in
new funding, led by SingTel Innov8.
Infocomm Investments, Sequoia Capital,
Palomar Ventures and NGC also participated in the investment round.
Singapore-based Bubble Motion’s Bubbly voice-based social networking service
currently counts over 7 million users across India, Indonesia, Japan and the
Philippines, and has delivered more than 250 million "bubble
messages" through its service.
The company will use the funds to expand
its service into new countries while scaling its platform.