It might seem like there are more mobile messaging apps out there than there are friends to send texts to. Here’s a guide to how they work.
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Wrapp, the mobile app that allows users to send and receive digital gift cards via their smartphones, announced on Thursday it had raised $15 million in its Series B venture round. Participation in the round included existing contributors Greylock Partners, Atomico and Creandum, as well as new investors American Express, Qualcomm Ventures and SEB Private Equity. Wrapp CEO Hjalmar Winbladh told AllThingsD that the company plans to use the new funds to continue expansion, including staffing up its San Francisco office.
WhatsApp, the massively popular mobile messaging service, announced a new record on Wednesday for daily inbound and outbound messages sent in a single day. The company processed 27 billion messages in a 24-hour period, up from 20 billion processed in a day just two months before.
News Bytesaid in a release. LifeProof’s 250 employees will remain in San Diego, where the company is currently headquartered. Financial terms of the acquisition were not disclosed.
News Bytecompany announced on Friday. The staff will join Yahoo’s mobile team to work on unspecified projects — though Loki’s specialty seemed to be in location-based mobile products. Terms of the deal were not disclosed.