Sequoia Capital Leads $10 Million Series A Funding For MoboTap

Sequoia Capital Leads $10 Million Series A Funding For MoboTap



MoboTap, the mobile technology developer behind the Dolphin Browser, today announced that it will receive $10 million in Series A funding round led by Sequoia Capital, with Matrix Partners also participating.

“According to IDC, for the first time more smartphones have been shipped than PCs, growing 74.4% to 302.6 million devices in 2010,” said Kui Zhou, Partner at Sequoia Capital. “Smartphones have changed the way people access the internet and Dolphin is transforming the way people browse on their smartphone and tablet devices.”

MoboTap’s Dolphin was launched on the Android platform in March 2010 and is Sequoia Capital’s first mobile browser investment. MoboTap will use the new funds for rapid product development for Dolphin and expansion into new market segments.

In less than 15 months, Dolphin has grown to more than 8 million users worldwide on mobile devices by allowing them to intuitively create their very own web browsing experience on the Android platform.

MoboTap is a mobile technology developer that is committed to advancing the mobile revolution by improving the way people experience the web through their mobile devices.

+ There are no comments

Add yours

Leave a Reply