Investment Cited in Text Messaging Firm

mSnap says it has obtained more funding from a Silicon Valley venture capital firm.
The VC company is Partech International. mSnap provides programming tools for radio stations to implement text messaging and mobile content.
Martin Kristiseter is founder and CEO. He said the funding will be used to accelerate development of the affiliate network and products, and to expand marketing and business development efforts. Earlier funding was provided by Josh Kopelman and Howard Morgan’s First Round Capital in December.