Tribilis Mobile Garners $5,700,000 Series B Financing

  • Feed Type
  • Date
    10/8/2008
  • Company Name
    Tribilis Mobile
  • Mailing Address
    700 S. Claremont Street San Mateo, CA 94402
  • Company Description
    Trilibis Mobile was founded in 2002 by Tom Paddon. Before starting Trilibis, Paddon worked in the wireless communications industry for more than 7 years. After leaving QUALCOMM, he leveraged his knowledge of wireless communications to pursue the untapped opportunities of taking both online communities and brick and mortar businesses into the mobile market. In August of 2003, Trilibis launched its first service called peepsnation™ an online and mobile phone community. Available on just three phone models, it was downloaded by over 25,000 users in its first 30 days after launch.
  • Website
    http://www.trilibis.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,700,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The newly raised capital will be used to fund development of the next generation of SmartPath to include support for native applications for BlackBerry, iPhone, Windows Mobile and Android devices.
  • M&A Terms
  • Venture Investor
    Altos Ventures
  • Venture Investor
    ATA Ventures
  • Venture Investor
    Individual Investor