L.A. Startup: BuzzMob Is First Company In MWW Ventures

MWW is one of the largest PR firms in the country with a global presence. Their client list includes some of the top tier companies in their industries. Nikon and Samsung Mobile are both represented by MWW among a long list of familiar brands.

MWW just announced a new venture capital project spearheaded by their global head of technology and digital content, Ephraim Cohen. MWW ventures is incubating startups that advance media, marketing and public relations industries by investing firm resources in exchange for equity.

Cohen told Nibletz.com that MWW Ventures was developed by he and MWW Group CEO Michael Kempner who is a serial entrepreneur. With the verticals that the MWW Group is involved with Cohen says they come across great startups all the time. With MWW Ventures, the MWW Group will invest and incubate companies that will help them stay on “…the cutting edge of technology”.

Buzzmob, a Los Angeles startup was announced as MWW Ventures first portfolio company last week. Buzzmob is a mobile app for live events that forms location based social networks in real time and on the fly.

More after the break

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