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 space. Its strategic positioning in the market is further solidified by its engagement with prominent investors who recognize its potential in the evolving digital landscape.
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 Lightspeed Venture Partners and Blue Sky Capital
Series B (2014): $6M led by Lightspeed Venture Partners, Mozido, and Blue Sky Capital
Private Equity (2015): $5.9M supported by Verizon Ventures
Key Investors in Simplytapp, Inc.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Mozido
Mozido provides mobile commerce and payment solutions software, headquartered in Austin, Texas.
Blue Sky Capital
Blue Sky Capital Corporation is a private investment firm that focuses on high-potential teams, technologies, and business models, particularly in mobile and security-related technologies for the financial services and payment sectors.
What's next for Simplytapp, Inc.?
The recent strategic investment in Simplytapp, Inc. signals a pivotal phase for the company, likely focused on scaling operations, enhancing its technological capabilities, and expanding its market reach. Given the enterprise-level nature of its funding, Simplytapp is poised to further solidify its position in the competitive IT services and mobile payment solutions arena. Future developments may include strategic partnerships, product innovation, and broader adoption of its custom software solutions by larger enterprises.
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