Everything.me Announces a $25 Million Investment From Telefonica
Published on: 28th Nov 2012
Note -- this news article is more than a year old.
By: Ian Mansfield
Mobile apps store front end developer Everything me formerly DoAT has secured US 25 million in series C funding in a round led by the Silicon Valley based venture team of Telef nica Digital
The latest round also includes investments from SingTel Innov8, Mozilla and previous investors including Draper Fisher Jurvetson (DFJ), DFJTF, BRM Group and Horizons Ventures.
The Israeli-based company will use the funding to expand its team and drive Everything.me's ongoing development.
"Everything.me was started to harness the power of HTML5 and the openness of the web to disrupt the mobile industry," said Rami Kasterstein, CEO and Co-Founder, Everything.me. "We see this investment as evidence of the capabilities of fully-mobile web apps, which Everything.me provides to users at their fingertips, on demand. We are excited to be working with our new partners Telefónica, SingTel and Mozilla, who are driving innovation for consumers."