Mo’ money, mo’ messaging apps: MessageMe raises $10m as it enters a very crowded market

Now, who’s hot, who not?
Tell me who rock, who sell out in the stores?

(RIP, Biggie)

Soon, perhaps, MessageMe in the App Store or on Google Play – even though the app is utterly gratis. Wait, that makes no sense.

Alright, down to business then: LittleInc Labs, the company behind the very young but already quite popular messaging app for iOS and Android smartphones, MessageMe, has secured $10 million in funding according to a regulatory filing.

MessageMe made its public debut in March 2013, entering a market with a plethora of competitors inarguably late, but managed to clock 1 million downloads after a week anyway.

The company behind the messaging app scored a seed funding round to the tune of $1.9 million around the same time, from big-name investors like Andreessen Horowitz, True Ventures, Google Ventures, SV Angel, First Round Capital, Social+Capital Partnership and Resolut.vc.

Now, this filing suggests it’s adding another $10 million to its coffers. We’ve contacted the company for confirmation and to see which investors chipped in for this round.

Even though there are a lot of free messaging apps out there, from WhatsApp to Kik, Viber, Line and Kakao Talk (not to mention iMessage, Google Hangouts, BBM and Skype), the game is far from over.

With two financing rounds in quick succession, LittleInc Labs shows that it has big plans for MessageMe, and that it’s been able to back its ambition with the numbers and vision needed to convince investors to break out their wallets. It will be very interesting to see what happens next.

Also read:

Mobile messaging apps: The threat to Facebook and other social networks

Social app monetization kicks in as App Store revenue jumps 87% year-over-year: Report

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