[Clarified 11/8/12, 9:30 am. See below.] Web entrepreneur Mitch Thrower is bumping up the funding at San Diego’s Bump.com, the online social network for people with cars.
Bump.com’s parent company, the Bump Network, says it has closed on $2.3 million in a second Series B round of financing. Investors include TomorrowVentures, the investment vehicle for Google Executive Chairman Eric Schmidt, New York’s J. Chris Burch (through his JCB Investments), ZIG Capital, San Diego’s Moore Venture Partners, La Jolla Holding Co., and several super angel investors. The current round brings the total capital raised at Bump to $4.5M, according to a statement from the company yesterday.
In a related move, Thrower tells me the company has recruited Shannon Day, a onetime Microsoft cloud services executive, to serve as Bump’s chief operating officer. Day previously headed Radar Sports, a startup he founded last year in Bellevue, WA, that develops mobile apps to help athletes find swimming and workout locations. Day spent the decade before that helping Microsoft transform its cloud services business through sales and marketing initiatives that included working with such customers as Boeing, Starbucks, Nordstrom, and Wells Fargo.
Thrower founded the
Author: Bruce V. Bigelow
In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here.
Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University.
Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.
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