Mobile Social Network, Treemo Has Raised $2.55 Million Series A-1

Demand for the company’s platform solution is positioning Treemo to rapidly emerge as the leading provider of unique social media applications within a crowded space.”
-Tasha Seitz, Partner at JK&B Capital

Treemo is a Seattle, Wash. based company that focuses on the sharing of media on mobile phones.  Essentially, Treemo is a mobile social network.  The company announced today that they have raised $2.55 million in Series A-1 investment from Chicago, Ill. based venture capital firm, JK&B Capital.

“Demand for the company’s platform solution is positioning Treemo to rapidly emerge as the leading provider of unique social media applications within a crowded space,” stated Tasha Seitz, Partner at JK&B Capital. “The company’s seasoned executive team and proven strategy demonstrate a keen differentiation that aligns well with our portfolio companies. JK&B Capital’s financial support is a strong validation of the company’s pioneering vision and outstanding potential.”

With this round of funding, Treemo plans on expanding its platform and to attract a wider mobile carrier base.  Treemo plans on building communities around musicians and artists as well.  Evolution Capital Partners, a boutique investment banking company provided Treemo financial advice for the funding transaction.

Information Source:
[1] Earthtimes.org: Treemo Secures $2.55 Million in Series A-1 Funding Led by JK&B Capital

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