Diligence memo · auto-generated · as of July 2, 2026
Friend Media Technology Systems Ltd
Friend Media Technology Systems Ltd looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Friend Media Technology Systems Ltd operates in Other Technology, based in Hamilton HM 11.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Friend Media Technology Systems Ltd has raised $4.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on 2012-06-13.
Most recent recorded round closed around 2012-06-13.
Valuation (modeled)modeled
Provath models Friend Media Technology Systems Ltd at approximately $136M (range $3.5M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.49× the median modeled value of Seed Other Technology companies in 2010–2012 (822 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 14.0 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 55% of Other Technology peers (21302 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: HFN, Inc., Rave Wireless Inc, Paice Llc, Talko Inc., Daegis Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.