What is Burner?
Burner operates as a mobile software company, providing a unique smartphone number platform. It enables users to obtain and manage additional phone numbers for voice, SMS, and MMS communications, effectively offering a private line for iPhone and Android devices. Established in 2012 and based in Los Angeles, California, Burner addresses the growing need for privacy and flexibility in personal and professional mobile communications.
How much funding has Burner raised?
Burner has raised a total of $2.4M across 2 funding rounds:
Angel/Seed
$2M
Debt
$350K
Angel/Seed (2013): $2M with participation from TenOneTen, Founder Collective, 500.com, and Venrock
Debt (2020): $350K led by PPP
Key Investors in Burner
TenOneTen
TenOneTen Ventures is a Los Angeles-based venture firm that invests in start-ups applying data and technology to disrupt existing industries.
Founder Collective
Founder Collective is a venture capital fund focused on seed and pre-seed investments, partnering with exceptional entrepreneurs from the idea stage to IPO, emphasizing founder alignment and sustainable growth.
500.com
500.com Limited is a leading online sports lottery service provider in China, approved to provide online lottery sales services on behalf of the China Sports Lottery Administration Center.
What's next for Burner?
The recent major strategic investment suggests Burner is poised for significant scaling and potential expansion of its service offerings. With a foundation built on providing discrete communication lines, the company is well-positioned to capitalize on increasing user demand for digital privacy. Future developments may include enhanced features, broader platform integration, or strategic partnerships to further solidify its market presence and revenue streams. The company's trajectory indicates a focus on sustained growth and innovation within the competitive mobile application landscape.
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