Urban Airship Secures $1.1 Million in Venture Capital Funding
By Scott Kveton on February 16, 2010
We’re excited to confirm that our company has received $1.1 million in Series A funding. True Ventures, a Bay Area-based venture capital firm, is leading the round.
True specializes in seeding very early stage entrepreneurs. Like us. Our team of 4 people has been heads down for the past six months, developing a solid infrastructure to power some cool products and services for the mobile communications market. In this time, we have partnered with a significant customer base to deliver push notifications and in-app purchase (1,500 of customers, 10 million devices and 110 million messages sent, to be exact). Our customers see enormous potential and entirely new business models built around mobile content delivery and messaging, and in Urban Airship, an infrastructure that can support them.
True Ventures recognizes the potential of the mobile market, and is the ideal partner to guide us on a solid course to execute on our market opportunities. The firm has a great reputation among start-ups for being especially friendly to entrepreneurs, and we received ringing endorsements from some of its other clients. We look forward to leveraging this investment to build for future growth.
The first question everyone asks is what will we be doing with the investment? We’ll be using the funds to grow our engineering team. We are actively looking for engineers in the Portland-area to join our development team. Urban Airship is in growth mode—we expect to employ around a dozen people by year end, effectively quadrupling our size.
We have lots of great stuff up our sleeve—our near-terms plans include introducing new products and services, extending push notification compatibility with more mobile platforms and rolling out some other cool stuff.
Keep an eye out. The best is yet to come.
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Urban Airship rapidly ascends with $1.1 million in funding « Silicon Florist at 12:58 pm on February 16, 2010
[...] infrastructure for mobile messaging services like Apple Push Notifications for iPhones—has secured $1.1 million in funding, led by True [...]
Jeff Haynie at 3:12 pm on February 16, 2010
Congratulations! You guys are rockin.
» Urban Airship Secures $1.1m in Funding at 3:45 pm on February 16, 2010
[...] The official press release is here in addition to the company’s blog post. [...]
Raven Zachary at 4:42 pm on February 17, 2010
Great news, guys. Keep up the awesome work!
Funding iPhone Ecosystem Plays at 2:37 pm on February 18, 2010
[...] Scott Kveton, CEO/co-founder of Urban Airship, the company whose services take the sting out of push notification and in-app purchase — and sponsors of this site! — wrote to let me know that they’d closed a $1.1 million series-a funding round. [...]
Scott Kveton » Blog Archive » Urban Airship announces $1.1 mil in Series A financing at 2:28 pm on February 22, 2010
[...] Urban Airship announces $1.1 mil in Series A financing My company Urban Airship just closed a round of venture financing. We’re pretty excited about it. [...]
Urban Airship Secures $1.1 Million in Venture Capital Funding | Urban Airship Blog | blackrimglasses at 6:52 pm on March 6, 2010
[...] Couldn’t have happened to a better group. Love UrbanAirship. [From Urban Airship Secures $1.1 Million in Venture Capital Funding | Urban Airship Blog] [...]
Urban Airship Expands Popular Mobile Push Messaging Services to Android and BlackBerry Platforms | Urban Airship Blog at 12:03 pm on March 10, 2010
[...] few weeks back, we announced our Series A venture capital funding of $1.1 million; in interviews, we were asked many times what we’d do with the investment. One of our main [...]
Urban Airship Expands Popular Mobile Push Messaging Services to Android and BlackBerry Platforms | angry-planet.org at 3:55 am on March 12, 2010
[...] and sending the notifications as needed along that connection. A few weeks back, we announced our Series A venture capital funding of $1.1 million; in interviews, we were asked many times what we’d do with the investment. One of our main [...]