Poptiq Raises Money, Releases Free iPhone App

Poptiq, the video recommendation service for mobile devices (see our previous coverage), said today it’s received an additional round of funding from Tech Capital Partners that brings the total amount it’s raised to “over $2 million.” The company says the money will be used to expand application development and get its app onto mobile devices other than the iPhone.
The funding news comes on the heels of Poptiq’s release of version 2.0 of its application last week. Our colleagues at The Apple Blog didn’t much care for version 1.0, but in an email to us, Poptiq President and CEO David Kruis said the company addressed some of those issues and the app was now “totally kickass,” with an expanded library and both search and download features; plus, videos sent to other Poptiq users now arrive directly on the device. We’ll reserve judgment till after we play around with it.

Poptiq also released a free “lite” version of its software available in the iTunes App Store today (full version is $3.99). This svelter version of the software lets users experience all of the functionality, but has a 100 -ideo limit.