Bubble Motion closes $14 Mn in second round funding
Facebook Twitter google+ RSS Feed

Bubble Motion closes $14 Mn in second round funding

Printer Print Email Email
California:Bubble Motion, a provider of 'voice SMS', today announced $14 million in additional funding from existing investors Sequoia Capital U.S. and Sequoia Capital India, as well as new investors Comcast Interactive Capital and NCD Investors.

This additional funding will allow the company to further develop and expand the award-winning BubbleTALK platform, and will enable the company to focus on securing additional operator partnerships around the world.

Over 135 million consumers currently use the BubbleTALK service, which provides a 'click, talk, and send' short voice messaging service that works on any mobile phone. Operators have been implementing the BubbleTALK service because it gives them a fun and easy-to-use new service that increases Average Revenue Per User (ARPU) without the need for any additional network infrastructure.

Gaurav Garg, Sequoia Capital U.S., said "Bubble Motion has continued to impress us with their developments over the past year and a half. With a solid track record of success, a seasoned and experienced leadership team in place, and some phenomenal usage statistics, it is not surprising that the company received so much interest from the VC community."

As part of the financing, Deepak Sindwani, Principal at Comcast Interactive Capital, has joined Bubble Motion's Board of Directors. ?We are impressed by the viral subscriber and traffic growth of the BubbleTALK service globally and excited by its potential as a new communication and media-oriented service," said Sindwani. "Comcast has a strong interest in developing leading-edge, multi-platform communications technologies."

Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT