FullCircle Closes $3M Funding


FullCircle, a Herndon, Virginia-based GeoSocial “Discovery” Network enabling mobile device users to identify and interact with other people and businesses based on their physical proximity, interests, and preferences, has closed a $3m funding.

The round was led by Greehey & Company, Ltd.

The company intends to use the capital to grow membership, continue to develop innovative features in the areas of geofencing, location based streaming media and mobile geo-targeted advertising, and accelerate the launch of its coming suite of Microsoft-enabled services.

Launched in 2011 by Michael Hodge, CEO, FullCircle operates a GeoSocial Discovery Network that integrates location awareness with social networking, enabling its mobile and web users to identify and interact with other individuals and businesses based on physical proximity, interests and preferences.
FullCircle allows users to create location aware groups or communities around areas of common interest, need or business services. Group members can identify other group members nearby, send a broadcast message to the group, and use mapping to observe group clusters, all with opt-in privacy protections.
The free mobile app is currently available on the iPhone, iPad and Android (in English, Chinese and Spanish), or can be downloaded at http://www.fullcircle.net.

FinSMEs

07/08/2012

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