Digby Raises $5.5M Series B
0 comments / Posted on 04. Nov, 2008 by Austin Startup in Uncategorized
Austin-based Digby raised another $5.5M from the new Blackberry Partners Fund last week, adding to a reported $2.5M Series A round. Considering that the fund made investments in only three companies as their first foray into the venture world, Digby is in good company. They had a nice writeup in the Statesman about it on Monday as well. Digby CEO Dave Sikora is a veteran in the Austin startup scene, running companies such as Ventix/Question.com, Powered, and Pervasive.
Given Dave’s long standing history with Austin companies that are backed by Austin Ventures, the lack of investment by AV in his latest company is a glaring hole. Most likely this reflects the general lack of interest from Austin Ventures in areas like mobile, wireless, and social networking and is not necessarily a vote of no confidence for Sikora.
Digby helps large retailers create a mobile presence by providing tools and technologies that help leverage back office and supply chain systems with consumer-facing mobile applications. Early customers include Godiva and 1-800-FLOWERS.
It’s great to see Austin grow some great mobile companies such as Digby, Moximity, and Edioma.
 |
Posted by Austin Startup
http://www.austinstartup.com |