Social Network MeWe Closes $5.2M Series A Funding

MeWe LogoMeWe, a Los Angeles, CA-based Facebook alternative engineered with privacy-by-design, completed a $5.2m Series A financing.

Backers included:
– Lynda Weinman,
– Marci Shimoff,
– Rachel Roy, and
– Jack Canfield,

The investment brings total funding to $10m.

The company intends to use the funds to support the engineering of the social network and the enterprise version MeWePRO.

Led by founder and CEO Mark Weinstein, MeWe is an integrated social network and chat app, engineered with privacy-by-design, with no ads, no spyware and no BS. Features include private 1:1 and group chat; private and open groups; disappearing content; custom camera with Gif creation; live voice and live video; next-gen voice messaging; secret chat with double-ratchet encryption; personal social cloud; custom group profiles; and more.
MeWe is available worldwide in 8 languages on Android, iOS, and Desktop.

FinSMEs

05/07/2018

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