skydeck

Skydeck Raises Venture Capital

September 29, 2008 | 4 Comments

Today we announced that Skydeck has raised $3 million in its first round of venture capital. If you’re one of our users it means that you’ve got lots of powerful new features to look forward to, sooner than we expected. If you’re an engineer looking for challenging work at a well-financed startup, it means that you should send us your resume.

When Mike Wells and I founded Skydeck, we were determined to work with investors who knew and understood the mobile market. Earlier this year we made a short list of VCs that we admired, and one of the names on that list was Craig Cooper at Saban Ventures.

Craig is one of those rare people who has been successful both as an entrepreneur and a VC. He co-founded Boost Mobile, one of the first MVNOs, and sold it to Nextel in 2003. He co-founded EBT Mobile Plc, the largest independent authorized retailer of mobile phones in China. As a venture partner at SoftBank and VantagePoint, he led series A rounds in mobile startups that we respect, including Thumbplay, YouMail, Nellymoser, and V-Enable. He recently formed Saban Ventures, the new venture capital arm of a well-known private investment fund called Saban Capital Group, and Skydeck is his first investment there.

Also joining our board following this round is Chip Austin. Chip is one of our angel investors and a co-founder and General Partner of i-Hatch Ventures, where he backed Thumbplay, m:metrics, WiderThan, and our first company, Vindigo.

Mike and I are delighted to welcome Craig and Chip to our board.

You can download the full press release here.

Posted by: Jason
Categories: Announcements, Featured