Mobile Incubator Tandem Gets $32 Million
Mobile startup accelerator Tandem Capital has raised a $32 million fund from investors, including Verifone CEO Doug Bergeron, Google founding board member Ram Shriram, Playdom founder Rick Thompson and other executives and organizations.
Silicon Valley-based Tandem aims to nurture mobile start-ups by providing $200,000 in funding along with free workspace and daily interaction with a team of experts in business development, product design, marketing, and other disciplines.
Among Tandem portfolio companies is PlayHaven, a monetization platform for mobile games integrated with 1,500 titles, and BitRhymes, a cross-platform casino game with over 2 million active users. Another Tandem-backed company, ZumoDrive (now MotoCast), which provides a digital storage service, was acquired by Motorola in 2010.
The company said the next deadline for entrepreneurs to submit applications to receive funding from Tandem is July 1.
Recent Online Media Daily Articles
-
Coca-Cola Loses Bid To Dismiss Text-Spam Case May 24, 5:41 p.m.
Consumers can proceed with a lawsuit against Coca-Cola for allegedly sending them unwanted SMS messages, a ... -
Disaster Ready: Google Maps Model Quickly Adjusts To Events May 24, 5:29 p.m.
The four-lane bridge in Washington state that partially collapsed Thursday into the Skagit River was removed ... -
Pandora Beats Rev Estimates, Adds Subscribers May 24, 5:01 p.m.
Online radio service Pandora on Thursday reported that revenue rose 55% in the first quarter to $126 ... -
Real-Time Web Turns Consumers Into Impulse Buyers May 24, 4:37 p.m.
Video, mobile, social, and better search capabilities continue to make it easy for consumers to buy ... -
Mugnier Shares M&C Saatchi's Mobile Approach May 24, 4:32 p.m.
M&C Saatchi Mobile was formed three years ago through the acquisition of mobile marketing agency Inside ... -
Yahoo Search Experiments With New Look May 23, 6:30 p.m.
Yahoo Search has been experimenting with colors, features and layouts, as the company tries to determine ... -
Path Seeks Dismissal Of Wireless-Spam Case May 23, 5:07 p.m.
Mobile social network Path is asking a federal judge to dismiss a lawsuit alleging that the ... -
Amazon Appstore Goes Global May 23, 4:59 p.m.
Amazon may have been late to the app store game, but that hasn’t stopped it from ... -
Data Is Springboard For Product Development May 23, 4:44 p.m.
iProspect named Ben Wood to global president Thursday; he's tasked with growing the company's network and ... -
Vice, Twitter Partner For Mobile Show May 23, 2:14 p.m.
Simultaneously expanding its video and social strategy, Vice on Thursday unveiled #dailyvice -- a daily show ...
Be the first to comment on " Mobile Incubator Tandem Gets $32 Million "
Leave a Comment