Boston Mobile Madness

At Xconomy’s very successful Mobile Madness event a couple of weeks ago, I was struck by the vibrant mobile startup scene in Boston.   Its not that mobile focused startups are new to Boston, but rather that the ecosystem “feels” vibrant at the moment.  While the well-documented macro trend of the post-pc or “always connected” era is contributing to this, the bench strength of mobile entrepreneurs in the area is another driving factor (thanks to successful startups such as m-Cube/Verisign, enpocket/Nokia, TSM/AOL, Cardstar/Constant Contact, Where/Pay Pal, Quattro/Apple, Starent/Cisco).

While mobile innovation is occurring across the typical web categories of e-commerce, gaming and display/search advertising, the unique capabilities of phones/tablets are also enabling innovation across new areas such as payments, in-store shopping, personal healthcare, social collaboration, and marketing.  In addition, software solutions are being developed across the mobile technology stack (eg, app management, crash reporting, analytics, app development, middleware, security etc).

To get a snapshot of the Boston startup ecosystem, I segmented angel/venture funded mobile startups into five areas – applications, marketing, commerce/payments, enterprise & infrastructure software/tools, and mobile operator technology.  As in any segmentation exercise the boundaries are fluid with several of the companies crossing segments.  For each company, I noted the CEO/founder, major venture backers and approximate amount raised to-date.

CommonAngels Fund is invested in four local mobile startups (in italics) – Apperian, Skyhook Wireless, Kibits, and Crashlytics.

Please let me know if I am missing anyone! (Updated April 15 – Crashlytics A round; Wikets; AisleBuyer sale to Intuit; MassChallenge alumni, Dexrex)

Applications

RunKeeper (FitnessKeeper) mobile fitness platform.  Jason Jacobs.  (Spark, OTV, Launch Capital, Revolution, Boston Seed – $12M)
MocoSpace  mobile game community.  Jamie Hall, Justin Siegel.  (General Catalyst, Softbank – $11M)
Illume Software  iZUP app for preventing drivers from getting distracted with cell phones.  Daniel Ross (MTDC, angels – $6M)
SpringPad  app for taking and saving notes.  Jeff Janer, Jeff Chow, Jason Horman.  (Fairhaven – $4M)
Ginger.io   models user behavior from cell phone usage to make inferences about health and wellness.  Anmol Maden.  (True Ventures, Launch Capital, Eniac, Kapor – $1.7M)
Wikets   app for recommending places and products to friends.  Andy Park, Vijay Manwani, Ravi Reddy.  (Battery Ventures, Andreessen-Horwitz – $1.5M)
Kibits  real time group collaboration.  Matt Cutler, Dave Greenstein.  (CRV, Commonwealth, GC, Google, CommonAngels Fund, Launch Capital – $1M)
LuckyLabs  casual games for mobile devices.  Steve Kane. (Atlas – $1M)
BrassMonkey  app that turns your phone into a controller.  Chris Allen, Jim Bull.  (Boston Seed, angels. MassChallenge – $750k)
LoseIt (FitNow) app for keeping track of diet and exercise.  Charles Teague, JJ Allaire. (General Catalyst – $n/a)
HeyWire  (MediaFriends/Integra5)  text, photo sharing, twitter/FB chat app.  Meredith Flynn-Ripley. (n/a)
Tap Lab  location based games.  Dave Bisceglia, Ralph Shao (TechStars, angels, MassChallenge – $550k)

Emerging startups:

EyeNetra   eye diagnostic tool for mobile phones.  David Schafran, Vitor Pamplona.
GymPact  app for incentivizing exercise.  Yifan Zhang, Geoff Oberhofer.  (TechStars)
Jaxx   app that allows guys to create private social groups.  Phil Mark, Ben Sobczak, Frank Horton.
Drync  app for finding, managing, and buying wine,  Brad Rosen.  (Mass Challenge)
ByteLight  enabling technology – uses LED lights to pinpoint indoor location for apps.  Aaron Ganick.

Marketing

Jumptap    mobile ad network.  George Bell, Jorey Ramer (General Catalyst, Redpoint, Summerhill, Valhalla – $94M)
Jana (Txteagle) platform for marketers to target emerging market consumers.  Nathan Eagle.  (Spark, RBC, Qualcomm – $10M)
SessionM  game mechanics to improve app user engagement & loyalty.  Lars Albright (Highland, KPCB iFund – $7M)
Zmags  digital publishing for brands on mobile & tablet devices (also web). Michael Schreck. (OpenView, Northbank – $7M)
Fiksu  mobile app user acquisition solution.  Micah Adler. (CRV – $6M)
Celtra self serve mobile ad creation platform.  Mihael Mikak.  (Fairhaven, Grandbanks – $5M)
NexAge  real time bidding platform for mobile impressions.  Ernie Cormier, Devkumar Gandhi (Grandbanks, Blackberry – $5M)
Adelphic Mobile  targeting platform for publishers and advertisers to run more effective mobile campaigns.  Jennifer Lum, Changfeng Wang.  (Matrix – $2M)
Media Armor  tools to measure mobile display campaign effectiveness.  Eric Brown, Elizabeth Zalman  (Greycroft, iNova – $1.5M)
Survey on the Spot mobile surveys for customer & employee insight.  Geoff Palmer, Ken Kimmel (Kepha, Angel Street – $750k)
Locately collects opt-in GPS information to better understand consumer behavior.  Thaddeus Fulford-Jones, Drew Volpe, Eric Weiss.  (angels, MassChallenge – $300k)
Appswell  crowdsourcing platform for brands.  Dan Sullivan.  (TechStars)

Commerce/Payments

SCVNGR  location based games platform.  LevelUp mobile payments platform.  Seth Priebatsch.  (Google Ventures, Highland – $20M)
Paydiant  smartphone based mobile payments solution.  Kevin Laracey, Chris Gardner, Joe Paratore. (Northbridge, General Catalyst – $8M)
AisleBuyer  in store shopping & payments app .  Andrew Paradise.  (Old Willow Partners, Richard Heise, Jr. – $8M.  Acquired by Intuit, April 2012)

Enterprise & infrastructure software/tools

Apperian  enterprise software for mobile application management.  David Patrick, Chuck Goldman.  (Northbridge, CommonAngels Fund, Bessemer, KPCB iFund, Launch Capital – $24M)
Verivo (Pyxis Mobile)  enterprise app development. Steven Levy, Todd Christy. (Commonwealth, Ascent, Egan – $24M)
Vivox   voice platform for publishers.  Rob Seaver, Jeff Pulver (Grandbanks, Canaan, Benchmark, IDG Ventures, Peacock – $23M)
Skyhook Wireless  location positioning software.  Ted Morgan, Mike Shean.  (RRE, Bain Ventures, CommonAngels Fund – $17M)
Crashlytics   provides crash reporting solution for developers.  Jeff Seibert, Wayne Chang.  (Flybridge, Baseline, CommonAngels Fund - $6M)
Viximo  social, messaging, and engagement library for mobile app developers. Dale Strang, Sean Lindsey.  (Northbridge, Sigma – $5M)
Mobiquity   Mobile IT professional services.  Bill Seibel.  (Longworth, Sigma – $5M)
Modo Labs   solutions/services for universities & enterprises using the Kurogo Open Source mobile platform.  Andrew Yu. (Storm Ventures, New Magellan – $4M)
Localytics  provides app & audience analytics for developers and marketers.  Raj Aggarwal (TechStars, angels, MassChallenge – $3M)
Dexrex   mobile message archiving.  Joe Deliso, Derek Lyman, Richard Tortora (angels – $2.8M)
Kinvey  provides cloud based services to developers.  Sravish Sridhar  (TechStars, Atlas, Avalon, Boston Seed – $2M)
ViziApps (MobiFlex)  app development tool.  George Adams, Michael Kuperstein. (Kofax – $500k)

Mobile operator technology

Movik Networks (Lyra Networks)  platform to improve radio network utilization for mobile operators. John St. Amand, Ramji Raghavan. (Northbridge, Highland, Oak – $41M)
MobileAware  provides mobile commerce and self care functionality to operators. Armin Gebauer.  (Nauta Capital, Cross Atlantic – est $11M)

This entry was posted in Boston, Investments, Mobile, Portfolio, Startups. Bookmark the permalink.

Leave a reply