Digby, an Austin, Texas-based provider of mobile commerce and in-store mobile engagement solutions, has raised $8m in Series C funding. The round was led by Battery Ventures, with participation from existing investors BlackBerry Partners Fund (NASDAQ: RIMM), S3 Ventures and Daylight Partners.
The company intends to use the funds to improve its position in mobile commerce for the retail market, as well as to expand global operations including sales, marketing, client services, research and platform development.
In conjunction with the funding, Michael Brown, General Partner at Battery Ventures, will join Digby’s Board.
In addition, the company announced a partnership with AT&T to re-sell Digby’s mobile solution to their retail customers including mobile optimized websites and rich apps for the iPhone, Android and BlackBerry.
Mike Dansby is joining the executive team as CFO to provide guidance in the next phase of the company’s growth. He is a software industry veteran and former managing director of Alvarez and Marsal Business Consulting.
Led by President and CEO David Sikora, Digby operates a Mobile Commerce Software Platform that enables retailers to offer a mobile optimized website and rich Apps for iPhone/iPod Touch, BlackBerry and Android devices. Clients include Toys “R” Us, Costco, The Home Depot, Lilly Pulitzer, Wet Seal, Godiva, 1800-Flowers, Golfsmith, and Orvis .
FinSMEs
18/04/2011