Bump Taps Into New Funding, Adds Andreessen, McAdoo to Board
Mobile social firm Bump announced on Monday night that it has landed $16 million in Series B funding from investors including Andreessen Horowitz and Sequoia. WIth the new investment, Marc Andreessen will be joining the board of Bump as will Greg McAdoo from Sequoia.
In a blog post, co-founder David Lieb said the 15-person company now has more than 25 million users for its mobile-to-mobile information-sharing service, which runs on Apple’s iOS and Google’s Android operating systems. “This round of financing solidifies our priorities to build a world-class engineering and product organization here in Silicon Valley,” Lieb said.