Dear Webwaggers,

We’re very happy to annouce that we’ve closed before the summer a seed funding with key mobile and web players. This has helped us grow the team and foster some of the released (and some to be released!) great products and enhancements.

Press Release – English
Press Release – French

For any media inquiry, please use: press@webwag.com

Here’s the official word:

WEBWAG ANNOUNCES A SEED FUNDING WITH A LEADING MOBILE OPERATOR

Webwag inks a seed funding round with the investment fund of the leading mobile operator SFR and the venture capital firm DigiTalents Capital

Paris, France –October 9th 2007 – Webwag announces today a seed funding round closed before last summer with two investors: SFR Dévelopment the investment fund of mobile operator SFR and DigiTalents Capital a venture capital fund.

Webwag confirms its leadership in the mobile widgets space and sees its web-mobile convergence strategy confirmed by the presence on board of a major mobile network operator.

Jean-François Caillard, Director of SFR Développement and Pierre Sapin, DigiTalents Capital, are elected board members of the company. Franck Poisson, CEO, says « We welcome our investor’s support and synergy with a great interest. Their experience in the mobile and web industries are strong assets for the Webwag’s convergence strategy »

The seed funding allows Webwag to accelerate its recruitments and deliver new major product releases on web and mobile. More than 5 millions widgets are installed and daily used on Webwag’s web and mobile convergence platform. The service is used in more than 100 countries.

About Webwag :
Webwag (www.webwag.com) allows internet users to create their personal portal with widgets and synchronize it with mobile devices. Daily used in more than 100 countries, translated in several languages, Webwag is the sole widget platform to be fully web and mobile synchronized.
In February 2007, Webwag launched the Widget On Demand™ feature that offers the first ever user-generated widget from any web page.
In June 2007, Webwag introduced Webwag Mobile, the open solution for widgets on mobile, fully synchronized with Webwag.com start page. Internet mobile access turns simple, cheap and fast.
Based in Paris and Bordeaux, France, Webwag is a company co-founded and launched in September 2006 by Franck Poisson, managing director of Google France between 2002 and 2005 and a team of former In-Fusio technology and marketing executives.

About SFR Développement
Started in mid-2006, SFR Développement (www.sfrdeveloppement.fr) is the investment fund of mobile operator SFR. The fund invests mainly in innovative mobile companies. Ten fundings have been closed so far.
SFR has 17,3 millions clients and 8.000 collaborators. SFR’s two shareholders are Vivendi (56 %) and Vodafone (44%).

About Digitalents Capital
DigiTalents Capital provides venture capital to help talented entrepreneurs in the digital space. DigiTalents Capital benefits from an International network built over 10 years in the US, 5 years in Europe and 2 years in Asia. Its founding partners, Jean-Christophe Chopin (co-founder E*Trade Europe) and Pierre Sapin (ex Goldman Sachs), have a long standing working relationship and are close to the ground of operations. DigiTalents Capital seeks investments mainly focused in digital commerce with scalable models.