Umuntu Media operates Mimiboard, a geographically sensitive virtual noticeboard that functions as a hyper-local ad network and social platform. Mimiboards are placed on a map so visitors are served regionally relevant boards, and they can integrate Twitter and other communication streams and be embedded on external websites. The company presents Mimiboard as part of a broader publishing platform and advertising play alongside an iPortal initiative that creates country-specific news and entertainment portals. Mimiboard launched to the public in August 2012 and recorded just under one million visitors in a 30-day rolling period, projecting growth to 5 million by February 2013. At the time it secured a US$1 million seed investment late last year, Umuntu Media had no revenue. The company plans African expansion with hoped-for offices in Lagos and Nairobi and is pursuing further funding discussions with two Silicon Valley firms.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2012