Bubble Motion, which offers a popular a Twitter-like voice blogging service in India, Japan, and Indonesia, has raised $5 million in new funding from venture firm, JAFCO Asia. Previous backers include SingTel Innov8, Infocomm Investments, Sequoia Capital, Palomar Ventures, and NGC.
Bubble Motion’s Bubbly platform is a voice-blogging phone service that allows people to share status updates in their own voice with fans and followers. It essentially takes Twitter’s model and applies this to voice blogging and mobile phones. These ‘bubblers’ record their voice update into their phone, and their followers everywhere are notified by SMS and prompted to click and listen. Currently, the company says it has 19 million users.
Bubble Motion, which now offers an iOS app and Android app, will used the new funding to expand presence in India, Japan, Indonesia, Philippines as well as the broader global market.
CEO of Bubble Motion Tom Clayton tells us that the company wasn’t planning to raise any more money at this time but felt that JAFCO would be an ideal partner considering the app’s popularity in Asia.