Bump Technologies has taken their popular iPhone application in which users exchange contact information simply by bumping phones and ported it over to the Android operating system. As the application launches on the Android today, a new version was just approved on the Apple App Store too.
The updated version has a feature called “Friend Compare” which looks at the address book of both phones and both of your Facebook profiles to see if you have mutual friends. When bumping each other’s phones, you can also automatically update your Facebook profile too. The Android version won’t have the Facebook integration yet, but it can be expected in future versions.
Bump has about $3 million in funding from Sequoia Capital. If you have used the Bump app, let us know what you think of it in the comments. Do you think it would do as well on the Android as it did on the iPhone?
It seems that whenever a company gets featured by Apple, they will immediately get funding after. Bump Technologies is no exception. The company behind the Bump application has received funding from Sequoia Capital according to TechCrunch. Jason Kincaid discovered that Bump’s logo was on Sequoia’s PowerPoint presentation slides at the StartupSchool event.
The funding is rumored to be about $3 million based on a $10 million valuation. The Bump app is free on iTunes making the valuation sound pretty interesting. Bump allows people to transfer contact information simply by bumping two iPhones together. Bump launched out of Y-Combinator. Bump Technologies was founded by David Lieb, Andy Huibers, and Jake Mintz in October 2008.
In the frequently asked questions portion of Bump’s website, the founders revealed how the app works which I found pretty interesting. Below is that excerpt:
There are two parts to BumpTM: the app running on your device and a smart matching algorithm running on our servers in the cloud. The app on your phone uses the phone’s sensors to literally “feel” the bump, and it sends that info up to the cloud. The matching algorithm listens to the bumps from phones around the world and pairs up phones that felt the same bump. Then we just route the contact information between the two phones in each pair.
