MocoSpace lands $3m in funding

MocoSpace, a mobile community network with offices in Boston, said today it has secured $3 million in Series A Funding.

According to the company, the recent funding is a reflection of the rapid growth of the mobile social networking market and the increase of mobile content users in the United States; citing industry metrics, MocoSpace said there are more than 76 million US mobile content users.

The company said the funding round was led by General Catalyst Partners, a Cambridge-based venture capital firm.
(By Chris Reidy, Globe staff)