|Slogan||See the world through other people's eyes|
|7264 (August 2012[update])|
CEO and founder Moshe Hogeg said Mobli’s goal is to “make it possible to see what is happening in the world through other people’s eyes.”
Mobli's mobile app allows mobile sharing of photos and video recorded on mobile devices to its website where other users can view the content. Users can browse the websites content feeds in real time by location, subject, or uploader.
Hogeg compared the service to Instagram saying, “If the substance of Instagram is effects of pictures and shares, we want to offer the option of seeing what is happening at the Eiffel Tower or at Barcelona’s Camp Nou Stadium.”
Mobli apps were initially built in HTML5 but this approach was abandoned due to poor performance. The apps were re-built in native code on iOS and Android while dropping support for Blackberry in favor of Windows Phone. The new apps, also with a re-designed user experience, were slated to roll out in late 2012 starting with its Windows Phone app.
A stand-alone search product that emphasizes location, time and relevance is slated to launch in early 2013. The product has an "autotagging" feature that can recognize and identify certain objects from images.
Mobli's main revenue stream is on-site advertising.
Mobli found early success in celebrity investors including American actor Leonardo DiCaprio who invested $4 million in 2011. DiCaprio's social involvement on the site attracted other celebrities.
In May 2012, CEO Hogeg said the company was prioritizing increasing Mobli's installed base on mobile devices from three million to 10 million before focusing on turning a profit. Hogeg planned to experiment with money-making strategies such as selling virtual goods, promoting sponsored posts and displaying targeted advertising. Mobli partnered with Tropfest to host the festival's first Micro Film Festival contest, run by Mobli investor, actor Tobey Maguire, on Mobli’s TropfestMicro channel, a channel Mobli calls “a film festival in your pocket.” The contest, announced by Maguire in June at Tropfest Las Vegas, uses the designated Mobli channel as the hub for submitting and viewing short-form videos until deadline in January 2013. The best video, selected by panel, receives $10,000 in winnings and will debut at Tropfest Australia 2013.
In September 2012, Mobli was worth an estimated $100-300 million and Mobli said shared content had tripled over the previous two months. A series B venture round of funding to develop its platform and user base brought in $22 million including $20 million from Kazakhstani businessman Kenges Rakishev. Rakishev's funding earned him a spot on Mobli's board.
A photo of cyclist and Mobli investor Lance Armstrong relaxing in his trophy room and posted to Mobli by Armstrong in November 2012 accumulated more than 320,000 views in two days making it the most trafficked Mobli post for a 48-hour period.
Francis Bea of Digital Trends said Mobli, which he called “[potentially] the YouTube of short-form video,” could succeed in debuting the next generation of Internet personalities with YouTube “beginning to sway under the weight of its own hosted talent.”
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