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Financing : North America Last Updated: Mar 26th, 2008 - 15:35:31


Bubble Motion Closes $14 Million in Second Round

Location: Mountain View, CA
Date: Mar 26, 2008

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Bubble Motion, the pioneer and global leader of 'voice SMS', today announced $14 million in additional funding from existing investors Sequoia Capital US and Sequoia Capital India, as well as new investors Comcast Interactive Capital and NCD Investors.

As part of the financing, Deepak Sindwani, Principal at Comcast Interactive Capital, has joined Bubble Motion's Board of Directors.




INFO SOURCES

Bubble Motion

FIRMS

Bubble Motion is the pioneer and global leader for 'voice SMS'. The company offers the award-winning BubbleTALK service, and works with mobile operators around the world to create a global network of asynchronous voice messaging and advanced voice content applications.

 

Sequoia Capital provides venture capital funding to founders of startups who want to turn business ideas into companies. As the "Entrepreneurs Behind the Entrepreneurs," Sequoia Capital's venture capitalists have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of Network Appliance, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of nVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube, Sujal Patel of Isilon Systems and Dominic Orr and Keerti Melkote of Aruba Wireless Networks.

Comcast Interactive Capital (CIC) is a venture capital fund focused on broadband, enterprise and interactive technologies. CIC is affiliated with Comcast (cmcsk, cmcsa), a diversified global leader in cable, broadband services, telecommunications, and entertainment. CIC's primary goal is to generate superior financial returns from private equity investments in early and growth stage technology and services companies. To achieve this goal CIC works to foster the success of its portfolio companies by bringing to bear the unique resources, contacts, experience, and insight of both CIC and the Comcast family of companies.

PEOPLE

Tom Clayton, CEO of Bubble Motion

Gaurav Garg, Sequoia Capital US

Deepak Sindwani, Principal at Comcast Interactive Capital


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