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Next2Friends secures development funding

Next2Friends Limited, the operator of Next2FriendsTM - The Mobile Social Media Platform, has secured a significant private equity investment from a number of private investors, including Simon Property Group Inc - one of the largest public real estate companies in the USA.

Next2Friends was formed in 2007 and now has many thousands of registered users who enjoy the unique benefits of the Next2Friends' communications platform which is set to revolutionise the conventional social networking marketplace. The Next2Friends platform is compatible with most mobile devices and allows users to interact with each other via their mobile phones, upload and share videos and photos instantly, generate mobile polls and broadcast live videos from mobile phones.

The investment will be used to further develop the technology and increase its marketing activity.

The corporate finance team at O'Connors LLP (Mark O'Connor, John Spofforth and David Malone) acted for Next2Friends.

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