Thursday, December 18, 2014

Open Garden Connects With $10.8M For Peer-to-Peer Networking

San Francisco-based OpenGarden, which develops mobile phone-based peer-to-peer messaging and networking technology, has raised $10.8M in a Series A funding. The funding was led by August Capital, and also included Firebolt Ventures, Future Perfect Ventures, Kima Ventures, Tseung Kwan Ventures and Sherpalo Ventures. Open Garden's software lets mobile phones and other devices communicate in a peer-to-peer fashion, so messages and data can be carried even without a Wi-Fi or phone data connection. The company is behind the FireChat messaging app, which harnesses that peer-to-peer network for its infrastructure. More information »