XIHA Life, the world’s first truly multilingual and multicultural social network, received $1 million in seed funding. Veraventure led the round, joined by international angel investors and the company founders.
“New features like the unlimited HD video uploads and knowledge exchange have ratcheted up our organic growth to an astonishing rate, giving us over 700,000 members to date,” said Jani Penttinen, XIHA Life co-founder and CEO.
XIHA Life connects the people of the world through a multilingual, cross-cultural exchange. Simultaneous, real-time translation allows XIHA citizens to share travel tips, pictures, music, videos, games, knowledge and personal perspectives.
By transcending language barriers, XIHA allows users to make new friends from around the globe rather than reconnecting with high school friends. Users can create blogs and homepages-or link to other social media-to share their personal experiences. XIHA community members live in over 200 countries, with no country accounting for more than five percent of total traffic. XIHA is based in Sunnyvale, California, Switzerland and Finland.