mig33 raises $8.9 mn to expand India ops

Mobile social networking firm mig33 today said it has raised $8.9 million in a third round of funding to expand its network in the country.
    
The Series C round was led by Indonesia telecom entrepreneur Pak Sugiono Wiyono and GREE, a Japanese social networking service, mig33 said in a statement.
    
The round was supported by mig33's existing institutional investors Accel Partners, Redpoint Ventures and DCM, it added.
    
"mig33's goal is to replicate the East Asian Social Networking Service model to the rest of the world. The partnerships we've established today will be strategic in helping us consolidate our lead in emerging Asia, as we tap these big, underserved markets," mig33 CEO Steven Goh said.
    
This Series C funding brings mig33's funding to more than $34 million since its 2005 launch.
    
Mig33 received a $10 million Series A round in May 2007 from Accel and Redpoint. It closed a $13.5 million Series B round in January 2008, led by DCM and joined by Accel and Redpoint.