MessageMe tops 5M users in first 75 days, closes $10M funding round
Seventy-five days after launching, over-the-top chat application MessageMe reports that its registered userbase already tops 5 million worldwide.
MessageMe has also closed a $10 million financing round led by John Lilly of Greylock Partners, who will join the company's board. Existing investors including Andreessen Horowitz, True Ventures and Social+Capital also participated. MessageMe raised $1.9 million in seed funding roughly two months earlier.
MessageMe, available for Apple's (NASDAQ:AAPL) iOS and Google's (NASDAQ:GOOG) Android, eschews conventional operator SMS services to enable users to exchange free one-on-one or group messages via Wi-Fi, 3G, EDGE and LTE networks. The app also made headlines after Facebook (NASDAQ:FB) halted access to its Find Friends functionality, reportedly because MessageMe violated Facebook Platform Policies that state "[Developers] may not use Facebook Platform to export user data into a competing social network without our permission. Apps on Facebook may not integrate, link to, promote, distribute or redirect to any app on any other competing social network."
Consumers across the globe will send 41 billion over-the-top mobile messages per day by the end of 2013, compared to an average of 19.5 billion peer-to-peer SMS, according to a forecast issued late last month by research firm Informa. OTT traffic has already eclipsed SMS in terms of daily messaging volume: Consumers sent an average of 19.1 billion OTT messages per day in 2012, compared to 17.6 billion messages via SMS. OTT messaging app users send an average of 32.6 OTT messages each day, compared to just 5 SMS daily, Informa adds.
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