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Privacy-Driven Social Network, Mewe, Announces Close Of $27M Investment Round

Sep 13, 2022almost 3 years ago

Amount Raised

$27 Million

Los Angeles

Description

MeWe, a 20 million-member, privacy-first, social network committed to protecting user data, today announced the close of a $27-million investment round led by McCourt Global.

Company Information

Company

MeWe

Location

Los Angeles, California, United States

About

MeWe is a privacy-first social network that allows you to join groups, enjoy your friends, and puts you in complete control without ads or algorithms. With 20 million members worldwide, and unique features such as the MeWe 2-way camera, MeWe is host to over 600,000 member-driven interest groups. The company offers a groundbreaking "Privacy Bill of Rights'' which guarantees members control of their data and newsfeeds. MeWe encourages authentic engagement between members by not manipulating or amplifying content and safeguards its members with strong Terms of Service. In 2016, MeWe was honored as Start-Up of the Year Finalist for "Innovative World Technology" at SXSW. MeWe's Board of Directors includes Jeffrey Edell, Divya Narendra, Braxton Woodham, Max Duncan, Jonathan Wolfe, and Jason Hardy. Advisors to MeWe include the father of the World Wide Web, Sir Tim Berners-Lee, Apple co-founder Steve Wozniak, and filmmaker Cullen Hoback.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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