Zannel lands $10 million in Series B

Mobile social networking firm Zannel announced the completion of a $10 million Series B financing round led by Alloy Ventures alongside existing Series A investors U.S. Venture Partners and Palomar Ventures. The company has so far raised a combined total of $16 million. Zannel's flagship Instant Media Messaging service combines mobile messaging, media sharing and social networking, enabling users to instantly and visually communicate with friends across mobile and the web--media partners include Warner Bros., Universal Pictures, New Line Cinema and Capitol Records. Zannel adds the funding will accelerate its global expansion.

For more on the Zannel financing:
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