Snappli Raises $1M in Funding

Snappli, a San Francisco, CA- and London, UK-based mobile data optimization company, has raised $1m in funding.

Backers include Greylock Partners, Index Ventures and Klaus Hommels.

Led by Eldar Tuvey, co-founder and CEO, Snappli has launched its cloud service and iPhone app, which compresses, optimizes and secures mobile Internet data. It redirects traffic via its cloud, providing mobile data compression and optimization to accelerate browsing speeds and reduce data costs at home and when roaming, monitoring and stats, to help users understand how they use their data in order to avoid excess charges, and Internet security, to tackle the problem of mobile viruses and malware.



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