What is Simplytapp, Inc.?
Simplytapp, Inc. operates within the Custom Software & IT Services industry, headquartered in Austin, Texas. The company, which employs between 20 to 49 individuals and reports revenues between $5M to $10M, focuses on delivering innovative solutions in the mobile commerce and payment technology space. Its strategic positioning in a rapidly evolving digital landscape suggests a commitment to enhancing user experience and transaction security through advanced software development.
How much funding has Simplytapp, Inc. raised?
Simplytapp, Inc. has raised a total of $13.3M across 3 funding rounds:
Series A
$1.4M
Series B
$6M
Private Equity
$5.9M
Series A (2013): $1.4M with participation from Blue Sky Capital and Lightspeed Venture Partners
Series B (2014): $6M led by Blue Sky Capital, Mozido, and Lightspeed Venture Partners
Private Equity (2015): $5.9M supported by Verizon Ventures
Key Investors in Simplytapp, Inc.
Blue Sky Capital
Blue Sky Capital Corporation is a private investment firm focused on high-potential teams and technologies, particularly in mobile and security for financial services. They invest their own funds, maintaining a long-term growth orientation.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm investing in early and growth-stage technology companies across enterprise software, consumer, and fintech. They partner with founders from seed through IPO/M&A.
Verizon Ventures
Verizon Enterprise Solutions provides network, security, and communications services to businesses, offering cloud computing and IoT solutions. They serve mid-sized to global enterprises with customized technology.
What's next for Simplytapp, Inc.?
The recent major strategic investment indicates Simplytapp, Inc. is likely in a scaling phase, aiming to expand its market reach and further develop its proprietary technologies. The company's history of securing substantial backing, including Series B and private equity rounds, points towards a robust business model and strong investor confidence. Future growth may involve strategic partnerships, further product innovation, and potential expansion into new verticals within the fintech and mobile services markets, leveraging its established foundation and ongoing capital support.
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