GroupMe Acquires BlackBerry App Development Company Sensobi
GroupMe is an application company that allows people to create private groups and send out mass text messages. GroupMe has acquired a smaller application development company called Sensobi. Sensobi was co-founded by Ajay Kulkarni and Andrew Cheung. Sensobi will be integrated into GroupMe’s BlackBerry application. Later it will be rolled into GroupMe’s iPhone and Android applications.
Sensobi has a free application and a paid application. The paid application will be made free in the BlackBerry App Store in the near future. GroupMe is growing rapidly, but is still working on monetizing their users. GroupMe has raised $11.5 million in funding from General Catalyst Partners, Khosla Ventures, and several other venture capital investors.
[WSJ]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry