Miyowa
@Miyowa we created InTouch5, which unifies social networks on mobile. It's available for 1000's of handsets & operators across the world.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
$59.0m Valuation: $59.0m | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | (41 %) | (34 %) | (40 %) | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (435 %) | 1369 % | (6791 %) | (1587 %) | - | (23 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Miyowa S.A. operated as a provider of mobile social networking and messaging solutions, establishing its headquarters in Marseille, France. The company was founded in 2003 by Pascal Lorne, a French serial entrepreneur with a background in mechanical engineering and an MBA in Finance and Marketing. Lorne's entrepreneurial journey began at age 25 with Ismap, which was later sold to a spinoff of Nokia. This experience in the mobile sector directly informed the creation of Miyowa.
Miyowa's core business centered on a white-label product called InTouch5, a social dashboard that aggregated various social networks and instant messaging services into a single mobile interface. This platform integrated popular services of the era, including Facebook, Twitter, Windows Live Messenger, Yahoo!, Gtalk, and AIM. The business model focused on licensing this technology to major mobile carriers and Original Device Manufacturers (ODMs). Miyowa's clients included prominent names like Orange, HTC, Samsung, and ZTE, embedding the InTouch5 solution on millions of handsets globally. This strategy allowed carriers and manufacturers to offer a unified social media experience to their customers as a preloaded application.
The company's growth was supported by significant venture capital funding. Miyowa raised a total of $12.7 million over two rounds. The first was a Series A round of $3.86 million in September 2006 from TechFund. This was followed by a Series B round in June 2008, which raised $8 million and was led by Omnes Capital and Credit Agricole. In January 2012, Miyowa was acquired by Synchronoss Technologies (NASDAQ: SNCR), a US-based provider of cloud technology and software-based activation. The acquisition was valued at an initial price of $45.5 million in cash, with a potential additional $13.5 million based on performance targets, aiming to integrate Miyowa's social aggregation technology into Synchronoss's platform.
Keywords: mobile messaging, social network aggregation, white-label software, InTouch5, mobile carriers, handset manufacturers, ODMs, Synchronoss, Pascal Lorne, mobile social dashboard, instant messaging integration, preloaded applications, telecom software, Marseille tech, social address book, user interface technology, mobile application