Nexage will roll out PhoneCast Pro 2.0, a video and social networking solution for mobile.
PhoneCast Pro is a hosted solution that reduces the complexity of creating and distributing of video content. It means that media companies and content providers can give Nexage a link to their content and Nexage manages the rest. The aim is to develop a community around their content, including rating, commenting, sharing with others, buddy lists, online chatting, blogs, and more.The system also supports as insertions, and is integrated with mobile ad networks like Millennial, Third Screen, Nokia Ad Services and Admob. Its capabilities can be viewed on Nexage’s own WAP-based MyCorner mobile video service.
Nexage also announced additional funding of $500,000 from angel investors, bringing its total funding so far to approximately $2.5 million.
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