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May - 2015 - issue > Venture Chakra
Twin Prime Lands $9.5M to Solve Mobile Data Delivery Challenges
SI Team
Saturday, May 2, 2015
Twin Prime, an innovator in mobile data delivery optimization, announced a $9.5 million Series A funding round. DFJ and True Ventures led the round with participation from Milliways Ventures and Moment Ventures. Bubba Murarka, Partner at DFJ, and Om Malik, Partner at True Ventures, also join Twin Prime's Board of Directors. The company will use the funds to significantly accelerate its go-to-market and sales activities, and expand its product development efforts focused on solving the optimization problems of the $3 billion mobile acceleration market. In a separate release, the company announced the Twin Prime mobile application acceleration solution that powers the delivery of dynamic, static and encrypted content on both cellular and Wi-Fi networks.

Twin Prime powers the fastest way to deliver content to mobile devices on both cellular and Wi-Fi networks. The company's GLAS technology utilizes an automated hypothesis testing infrastructure to mitigate imperfections and variability in the wireless last mile by optimizing and customizing the content delivery strategy every time a mobile app is launched.

"Our customers see increased user engagement on their apps all across the world over both Wi-Fi and cellular networks. What they like about Twin Prime is the ability to optimize and customize acceleration strategies to every app session as its being used," said Kartik Chandrayana, Co-founder and CEO of Twin Prime. "We are dedicated to providing the next-generation mobile experience. It's where business has evolved and it's a greenfield opportunity that we are ready to deliver on."

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