Imoji app scores $2 million dollars of venture capital

The app imoji, which allows users to create emoji characters from photos, announced Wednesday that it had secured $2 million in venture funds from Joe Lacob and Goodwater Capital. The app has been available in Apple’s app store for less than a month.

"imoji sits at the intersection of three major trends — selfies, messaging, and stickers. It has the potential to build a broad new visual lexicon in mobile communication that deeply engages users,” Goodwater co-founder Eric Kim said. “[Co-founder] Chi-Hua [Chien] and I are excited to partner with the imoji team on this journey.”

As a result of the deal, Kim and Lacob, who is a former Kleiner Perkins Caulfield & Byers partner, have been added to imoji’s board of directors. The app has also been updated so that the stickers and photos created in the app can be shared in various apps outside of iPhone’s iMessage, including Twitter, Instagram and Facebook.

“We were blown away by the creativity of our users in such a short amount of time and took a lot of feedback to heart,” imoji co-founder Jason Stein said. “As a result, we now are supporting more platforms and have some really exciting updates, including an Android app, in the works.”



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