Oct 8, 2008 10:56 AM
Santa Monica, Calif.-based Teleflip has been sold to an undisclosed buyer, according to creditor Hercules Technology Growth Capital, SocalTech reports. The firm received $650,000 in common stock for Teleflip’s intellectual assets earlier this month. Teleflip operated a service that allowed users to send and receive email as text messages from…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Technologies / Formats, teleflip
Aug 12, 2008 11:48 PM
Debt financing and two rounds of funding – $4.9 million as recently as of January – weren’t enough to keep Teleflip’s Flipmail service afloat. Flipmail enabled email to be sent as a text message from a mobile device. GigaOm reports that the entire company has folded, but it’s still not…
Posted In: Technologies / Formats, teleflip
Jan 29, 2008 11:08 AM
Teleflip, a company that changes users’ emails into text messages, has raised $4.9 million financing from GRP II, VentureBeat reported. In September, the Santa Monica company raised a first round from GRP but the amount was not disclosed, according to an earlier post by SocalTech. And last summer, Teleflip announced…
Posted In: Money, M&A & Venture Capital, grp ii, teleflip
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