Monday, January 17, 2011

BUMP TECHNOLOGIES RAISES $16 MILLION

Bump's latest round of financial support follows an app update that extends sharing features to include music, photos, and calendar actions.
Bump Technologies, maker of an app that lets stylish phone users swap information by bumping phones.
Andreessen Horowitz — recently cited for its offerings to Groupon’s mammoth round of funding — becomes Bump’s latest shareholder, and joins previous investor Sequoia Capital, Sherpalo venture and SV Angel, who also contribute to the $16 million effort.

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