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German Mobile Social Network aka-aki Gets Another Capital Infusion
by Robin Wauters on October 21, 2009

Berlin-based aka-aki, which offers a location-based social network for mobiles, has raised additional funding. The amount of this second round of financing was not disclosed, although the company did say it was ’several millions of euros’.

Investors were Creathor Venture and Innovacom.

Aka-aki has been running its mobile social networking service for about two years now and says its community is growing much faster than anticipated. Aka-aki’s Roman Hänsler tells me the user base is currently 350,000 users strong and located around the world. The company started generating revenue only last August, mainly through advertising.

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