HomefundingTandem Will Fund Eight Mobile Startups

Tandem Will Fund Eight Mobile Startups

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Tandem, a Burlingame, Calif.-based mobile industry capital fund and incubator, will provide funding to eight entrepreneurial teams.

The incubator will provide mobile industry companies with what it calls “Muscle Capital”, a mix of focused support and cash investment. Tandem will initially invest $200k in each business through a convertible note and additional funds in some of them as they grow.
Its team of tech entrepreneurs and operators will work with the founders of each startup to drive growth, assisting in areas such as strategy, product design, technology architecture, user acquisition, employee recruiting and channel development.

Entrepreneurs can apply to Tandem by visiting: http://www.tandementrepreneurs.com/html/apply.html.

The application deadline is September 1, 2011.

The incubator’s last portfolio companies include Attassa, FlightCaster and ZumoDrive, PlayHaven and Juice in the City.

FinSMEs

13/07/2011