London, United Kingdom, 10th September 2008 - Wubud, the social network for mobile people founded by Paul Walsh, is delighted to announce the completion of an Angel round of investment from Paul Birch (Co-founder, Bebo - sold to AOL for $850M; Founder, Cominded; Co-founder, BirthdayAlarm - a social network with 50 million subscribers) His track record in the online application space will now be brought into the rapidly accelerating field of social networks.
“Wubud caught my eye because it enables people to communicate with their friends and family from their back pocket while on the go,” explains Birch. “By building it initially around the mobile app Wubud can ensure that it delivers what people would want on their own mobile phone.”
“The Wubud team has been hard at work since identifying a gap in the market,” said CEO and Founder Paul Walsh. “This investment is a huge validation of our hard work to date. Huge challenges remain, not least the continuing development of our mobile client and website.”
Wubud is currently in testing, and will be open to the public in the near future.