UberMedia Picks Up More Money, $5.6 million from DLD Ventures
Someone still has faith in the Twitter ecosystem it seems ... and that's a lot of faith!
Twitter’s acquisitions and new feature releases over the past year have left many in the company’s ecosystem concerned. As the microblogging service takes more ownership of the marketplace, smaller companies are crowded out. It’s easy to feel pretty pessimistic about the whole thing … unless you’re DLD Ventures. The investment arm of Burda Digital, reports peHUB, just put $5.6 million into UberMedia.
UberMedia develops a wide range of social media applications, including my favorite, UberSocial (@UberSoc).
Bill Gross, UberMedia’s CEO and founder, says, “We are in the midst of a tectonic shift toward social media by users all over the world, and the power of referral and information from people you trust is staggering.”
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