UberMedia, a US-based social messaging company based on the Twitter platform, has raised $5.6m from Germany-based media group Hubert Burda Media’s corporate venturing unit, DLD Ventures.
DLD Ventures, formerly known as Sixth Floor Productions, invests for Burda after the separation of Burda Digital Ventures to form independent venture capital firm Acton Capital Partners (which still looks after some Burda portfolio companies and retains the German publisher as a limited partner in its funds).
Through its UberSocial, Echofon and Twidroyd applications, UberMedia’s user base has grown to more than 5,000,000 users in just more than a year, representing 13% of all traffic on the Twitter platform.
On Valentine’s Day, UberMedia raised $17.5m from venture capital firms Accel Ventures, Revolution Ventures and Index Ventures.