Tuesday, January 11, 2011

Bump Technologies Snags $16M

Mountain View-based Bump Technologies, developer of the mobile application software which allows users to share information by bumping phones, is announcing today that it has closed a $16M Series B funding round. The round was led by Andreessen Horowitz, and also includes Sequoia Capital, Sherpalo Ventures, and SV Angel. As part of the funding, both Marc Andreessen and Sequoia's Greg McAdoo join the firm's board. More information »