Sequoia Capital Invests In Bump Technologies, The iPhone-Tapping Data Swap App
Bump once again declined to comment on the funding and the amount, but the cat is out of the bag. We’ve heard the amount raised was over $1 million, and are looking into getting more details.
For those who haven’t used it, Bump offers mobile apps that let you transfer information (like contacts and even multimedia) simply by tapping two phones together.
The company is also Y Combinator-funded, and has been featured in Apple’s TV ads.
Update: A source tells us the was a $3 million venture raise at a $10 million post-money valuation.
Bump Technologies