Free Mobile Email Provider Flurry, Inc. Finds Series A Funding
Award-Winning Technology and Expanding Market Opportunity Attracts Investors and New Board Member
Mar. 7, 2007 03:30 PM
SAN FRANCISCO, CA -- (MARKET WIRE) -- 03/07/07 -- Flurry, a leading creator of mobile
applications and services, announced the close of $3.75 million Series A
funding. The company launched a mobile email and RSS service for consumers
in early 2006 and will use the funding to accelerate growth and adoption of
the service, enhance the product and expand the management team. Draper
Fisher Jurvetson and Draper Richards joined initial angel investor Borealis
Ventures to fund the round.
Flurry's free service allows consumers to access email and RSS news feeds
using standard mobile phones. The flexible and easy-to-use application
works with more than 500 different phone models worldwide and is supported
by more than 700 different carriers and 7,000 email providers.
Jennifer Fonstad of DFJ will join Flurry's Board of Directors. "The entire
investor group is excited about the vision and the early momentum created
by Flurry's founders. The enthusiasm we have seen from early users of the
application is an indication of the significant worldwide business
opportunity ahead."
Flurry is used in more than 200 countries, and is offered directly to
consumers from Flurry's web site. Flurry users can easily manage and
control their preferences, email accounts and RSS subscriptions using their
PC or WAP browser, enabling them to access and act on their data using
their mobile phone.
"Our vision is to enable all people -- even the vast majority who don't use
expensive smart phones -- to experience the benefits of next-generation
mobile applications," said Sean Byrnes, chief executive officer of Flurry,
Inc. "Now everyone can have the convenience of mobile messaging solutions
without the expense and complexity of traditional approaches."
About Flurry, Inc.
Flurry, Inc. is a next generation, consumer-based mobile services company
based in San Francisco, CA. Flurry's flagship service provides simple
access to a user's personal email accounts and news from their regular
mobile phone.
Flurry brings the mobile professional user experience to retail consumers.
For more information, visit http://www.flurry.com.
About Draper Fisher Jurvetson
Draper Fisher Jurvetson is the pre-eminent venture capital firm with global
presence through a network of affiliated funds, with offices in more than
30 cities around the world and over $4 billion in capital commitments.
DFJ's mission is to identify, provide capital for, and serve extraordinary
entrepreneurs anywhere who want to change the world. Over the past twenty
years, DFJ has been proud to back approximately 300 companies across a
myriad of sectors including such industry changing catalysts as Hotmail
(acquired by Microsoft), Baidu, Skype (acquired by eBay), United Online,
Overture (acquired by Yahoo!), Interwoven, 411 (acquired by Yahoo!),
Parametric, and Digidesign (acquired by Avid Technology). For more
information, visit http://www.dfj.com.
About Borealis Ventures
Borealis Ventures is a seed and early-stage venture capital firm dedicated
to working hands-on with entrepreneurs to build the next generation of
great technology companies. Based in Northern New England, Borealis
focuses on the application software and online consumer services sectors,
as well as a broader array of opportunities from the Dartmouth College
network.
About Draper Richards
Draper Richards L.P. is a leading venture capital firm investing in seed
and early-stage technology companies. Since 1996, the firm has funded
entrepreneurs with the energy, vision, experience, and desire to build
great companies. Draper Richards' experienced management team, headed by
veteran venture capitalist William H. Draper, III, is dedicated to helping
entrepreneurs achieve their maximum potential through contacts, advice, and
support. Draper Richards L.P. is located in San Francisco, California. For
more information on Draper Richards L.P., visit
http://www.draperrichards.com.