Jacksonville, FL, May 20 –Yovia, inventors of Social Velocity, and developers of the first ad network consisting entirely of real people, announced today the closing of $300,000 in angel financing from private investors, including OTB Holdings.

“Yovia is growing very quickly even in this economy, mainly because we’re training and paying individuals while providing a lower cost alternative to traditional marketing,” said Jalali Hartman, founder and CEO of Yovia. “It’s a win-win for both advertisers and consumers. We took this funding in response to some large opportunities for growth we have been presented with.”

Yovia operates with the knowledge that everyone online has social capital, and that online communities have value when it comes to spreading the word about a product or service. Yovia developed the concept of Social Velocity™, and their patent-pending Social Velocity Engine™ can be used to predict whether something will go “viral” and generate organic growth long after the initial ad spend. Several key milestones came out of Yovia’s Beta stage; the Social Velocity Engine™ generated 50 million impressions for Yovia’s advertisers, including Nickelodeon, The Naked Brothers Band, Prevention Magazine, TradeKing and Yugster.

Any advertisers interested in testing their message via Yovia’s network, as well as any bloggers looking to learn more about opportunities with Yovia, can go to Yovia’s website, www.yovia.com.