Dashwire Adds $1.1 Million From Trilogy; Prepares For October Launches
Seattle-based Dashwire has raised an additional $1.1 million, topping off a $2.8 million round that includes funding from Best Buy Capital and Trilogy Equity Partners. Trilogy Partner Mikal Thomsen, former COO at regional carrier Western Wireless, will join the board.
SEE ALSO: Dashwire Closes $1.6 Million In Funding
Dashwire provides syncing services that connect phones to PCs and the internet, much like Apple’s MobileMe and Microsoft’s My Phone. CEO Ford Davidson said the funding will enable the company to make its next transformation. “We’ve built this platform that connects mobile phones to the web and allows all kinds of data to be captured on the handsets…There’s a lot of companies out there that we can help get into the market.” More coming in October.
The three-year old company has seven full-time employees and six contractors, and is “gearing up to start to generate revenue later this year,” Davidson said. As for how difficult it was to raise the funds, Davidson said “Few [investment firms] like mobile right now, particularly if you are building clients for anything other than the iPhone. We think these are the perfect guys [Trilogy]. Mikal was one of our first angel investors.”
Posted In: Mobile, Money, M&A & Venture Capital, Venture Capital

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