Digital media and investment firm Black Ocean has acquired a majority stake in LMK ("Let Me Know"), a mobile app that delivers news and information based on topics of interest to the individual user. The iPhone app has been relaunched in beta into the App Store as a free app, and an Android version will be launched into the Android Market later this month.
"We're very excited by the space," Oliver Ripley, co-founder and CEO of Black Ocean told TNM this afternoon. "One of the things we've done is invested and become part of a business called App Nation. App Nation is really developing into the front running conferencing business around apps."
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