New York, NY (Top40 Charts / MUGO) Hundreds of startups vied for the coveted title of "Most Promising Startup" with only eleven startups making the finals. "MUGO" won first place by a landslide and will represent
Israel in Barcelona at the 2018 MWC, the world's largest exhibition for mobile technology.
"MUGO" creates a unique social network for listening and sharing music between users.
"MUGO" changes the current frustrating state of mobile music where any kind of social experience requires juggle and paste between various apps, and it's still not a satisfying experience.
"MUGO" does it right, making music social again on mobile.
MUGO's "Live Share" technology enables multiple users to listen simultaneously to the same music, at the same time.
"MUGO" users can publish their own
Music Story, share their music experience and build their personal
Music Identity.
"MUGO" includes additional exciting user features such as:
"Following" other users and their playlists.
Personal "Music Match" with other users.
Exploring GEO based "Music Around Me".
Create "I Feel Like" playlists determined by user moods.
Live "Music Chat" with users while listening to shared music.
Ori Segal, founding partner and CEO of MUGO: "I am delighted that Calcalist and the distinguished panel of judges chose MUGO as first place, especially in these days where large investments are usually routed towards Cyber and Autonomous Vehicles. Winning first place with a social application designed for the general public is a great honor for us, and our goal is to become the largest international social network for the worlds of music."
The app can be downloaded for free from the Apple Store and Google Play - www.mugo.co
The MUGO app was launched in August 2017 and has currently raised $1M.
MUGO Inc. is entering its next investment round, targeting US market penetration.
The company has three founders: Ori Segal, Shay Goldberg and Roman Slutsky.
