|Venture Round, 10/11 ||$15M|
Mooter Media (ASX:MMZ – OTCQX:MOTMY) is a developer and provider of digital media solutions. The Company offers unique solutions in online marketing, including the Mooter adVantage contextual advertising platform and generates significant on-line advertising revenue through its wholly owned subsidiary, Project Search Pty Ltd.
Mooter is a joint venture partner with Hot Shot Media Group (HSM), the developer of a novel photo-focused networking, social gaming and contest platform incorporating revolutionary social photography concepts and allowing users to have fun with their memories. (see www.hotshotmedia.com); and Woophy, a geo-targeted online photo community (see www.woophy.com).
Mooter Media has an interest in Entellect Limited (ASX: ESN), a developer of educational software, and is also a joint venture partner with ESN and HSM in Knowledge Nation, a global coordinator of educational games initiatives that are fun, compelling and desirable to children and designed to improve acquisition and retention of curriculum objectives. These products are used at home by students beyond formal school hours. (See www.entellect.com.au)
Mooter is listed on the ASX as its home exchange and trades in the United States on OTCQX at a 1:200 ratio to the ordinary, fully paid, shares listed on the ASX. Mooter has its offices in Sydney and representative offices in Singapore and San Francisco.