Miyowa on Thursday snagged $8 million from investors intending to bring its white-label mobile instant-messaging technology to market.
The Paris startup develops an instant-messaging client that it targets at mobile operators.
"The unique technology of Miyowa answers the mobile operators' needs as they look for new mobile web usages, made possible by the launch and quick adoption of unlimited data subscriptions,” Michel de Lempdes, investment director at Credit Agricole Private Equity, said in a statement.
The second round of funding from Techfund, a previous investor, and new investor Credit Agricole Private Equity brings Miyowa’s total to $12.7 million.
Miyowa, which said it has been profitable since its second year, plans to use the funding to expand into the United States and Asia.
Formed in 2003, Miyowa is a Red Herring 100 winner.