Project Goth, the holding company of social networking platform mig33, has received $2.2 million in funding from FIH, one of Foxconn’s handset manufacturing service providers. Founded in 2007, mig33 focuses on sharing entertainment content in emerging markets. mig33 announced that it had acquired alivenotdead.com, a Hong Kong-based site for celebrity profiles, in February.
Mobile chat firm Mig33 is raising money and rebranding as MigMe. The move will allow the company to pivot as the Asian mobile phone market shifts from feature phones to Android devices. The deal is complex, but it will clean up the ownership and allow the company to pivot into a new market and become a publicly traded company in Singapore, said Steven Goh, chief executive of Mig33, in an interview with VentureBeat. Under the deal, FIH Mobile, a Hong Kong-based mobile phone maker will invest $2.2 million in Project Goth Inc., a Perth, Australia company that serves as the parent company for Mig33, which relocated to North American and then moved again to Singapore.
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