YouMail Posts

YouMail raises $5.5 million in Series B

YouMail Logo
YouMail is a cloud-based telecommunications platform company that has raised $5.5 million in Series B funding. YouMail will be using the funding to expand its base of over 6.5 million registered users. The investors in this round were not identified. More details below:

PRESS RELEASE

IRVINE, Calif., March 3, 2015 /PRNewswire/ — YouMail, the leading provider of intelligent, cloud-based telecommunication services for consumers and small businesses, has completed a $5.5m series B round. The company will use the proceeds to expand its base of well over 6.5 million registered users. This round brings the company’s total raise in debt and equity to just over $20 million.

YouMail raised its latest funding in February as a private placement, taking advantage of the federal Jumpstart Our Business Startups (JOBS) Act. Among other things, the JOBS act removed the ban on general solicitation and general advertising in private placements, allowing YouMail to market its offering through the internet, open webcasts and similar means. This private placement was managed by Digital Offering, a next-generation, technology-driven merchant bank, and included a mix of institutional investors, family offices, private investors, and other investment groups.

YouMail provides a digital personal assistant that helps users better manage incoming phone calls. Users download YouMail’s app, which replaces their existing smart phone visual voicemail. YouMail’s service improves its user’s caller care, privacy, and productivity, through innovative features such as visual caller ID, automated caller blocking, personalized smart greetings, automatic replies, cloud storage, multi-platform access to messages, call routing, and more.

YouMail is available on iPhone and Android, in addition to desktop and mobile Web-based platforms. There are also third-party applications tied into the YouMail Platform for Windows Phone, iPhone, and Android.

To expand its market presence, YouMail recently hired Brian Davi as the company’s Vice President of Marketing. Davi is a veteran marketing professional with a proven track record of implementing strategies that have produced more than $120 million in annual revenue. Previous to joining YouMail, Davi was the VP of Marketing at Sendme Inc.; Director of Advertising Analytics at Universal Music Group; and the Associate Director of Marketing at Fox Mobile Distribution. With the new team in place, YouMail is excited to embark on its next phase of growth and maturity, said CEO Alex Quilici, a serial entrepreneur who previously co-founded Quack, a voice portal startup which was later acquired by AOL.

“Consumers are overwhelmed with calls, texts, and other forms of communication, especially those who use their cell phone for business or to manage a busy family’s needs.” Quilici said. “Thanks to the JOBS Act, YouMail was able to leverage the popularity of its consumer service and successfully reach beyond traditional sources.”

Prior to this current round of private funding, YouMail’s investors include Vantage Point Capital Partners, the Crunch Fund, Wavemaker Ventures, and Tech Coast Angels.

About YouMail: YouMail, Inc. (http://www.youmail.com) is the leading provider of intelligent, cloud-based telecommunication services. The company’s flagship service, YouMail, provides a digital personal assistant for handling phone calls that replaces the user’s voicemail on Android, iPhone and Windows Phones. Headquartered in Irvine, Calif., YouMail is backed by VantagePoint Capital Partners, Wavemaker Ventures, the Tech Coast Angels ACE Fund, the CrunchFund, the Tech Coast Angels, and numerous private investors and family offices.

Recent Tech Funding: YouMail, Mimosa Systems, Dice, RIPL, Cellfish Media, Zoodango, Reply, DoubleClick, OZON, ForeSee Results

YouMail Logo

Dollar Amount Involved: $1.9 Million
YouMail is a start up company that has brought on a veteran from America Online as their CEO and has raised $1.9 million in angel funding. The company is planning to offer a service that converts voice into text. Luis Villalobos was the lead investor in YouMail. Former AOL executive, Alex Quilici is now the YouMail CEO. YouMail is based in Irvine, CA.

One of the co-founders of YouMail, Ken Brickley mentioned that the funding will allow the company to attract more users. In regards to the market potential, Brickley stated, “In the U.S. alone, there are 150 billion voice mails a year.” Brickley plans to turn these voice mails into page views. YouMail is currently filing for several patents.


Mimosa Logo
Dollar Amount Involved: $17 Million
Mimosa Systems
, an information management solutions company that offers services such as e-mail archiving and recovery in Santa Clara, CA has announced today that they have raised $17 million in Series C funding.The new round of funding was provided the $17 mill was led by Mayfield Fund and was joined by previous investors: Clearstone Venture Partners, August Capital, and JAFCO Ventures.

“Mimosa is a rising star in the multi-billion dollar, white-hot live content archiving market for unstructured and semi- structured information management, a critical need that is being fueled by eDiscovery and regulatory compliance,” stated Navin Chaddha, a managing director at Mayfield Fund. With significant customer momentum and an experienced management team, Mimosa is poised to lead the email archiving market. We look forward to leveraging our global network of resources to propel Mimosa’s worldwide growth.”


Dice Logo
Dollar Amount Involved: $100 Million
New York based Dice Holdings, Inc.
is preparing to file for an IPO soon. The amount will be worth $100 million in common stock and will trade under NYSE. Several major financial underwriters such as Credit Suisse Group, JPMorgan Chase & Co., Lehman Brothers Holdings Inc., Jefferies Group Inc., and Morgan Stanley will underwrite the IPO.

Dice Holdings has several brands under its name including one of the most renown technology and engineering job board websites, Dice.com.The company also operates eFinancialCareers (acquired on October 31, 2006), JobsintheMoney (finance/accounting job board), ClearanceJobs (U.S. government security clearance job board), TargetedJobFairs (job fair/career event board), and CybermediaDice (Tech job board in India).

Dice has also previously worked on a project to help former Enron employees get back on their feet.


RIPL Logo

Dollar Amount Involved: $2 Million
RIPL is an upcoming social network that is based in Seattle and will have advertisement supported music and photo sharing services. Currently the website is only accessible by those who have an invitation or attend the University of Washington and the University of Central Florida.RIPL will have a product called the RIPL Receiver (which I’m assuming is a widget) that will sample music, videos, photos, and people in one’s network on the website. RIPL’s marketing plan hopes to emulate a similar technique as the iPod. Start from the teenage generation and then move up/down the age spectrum.The site was founded in December 2005 and raised $1.1 million in Series A Preferred seed capital in July 2006. Now it is rumored that the company has raised an additional $2 million as a Series A funding according to a regulatory filing.

 

RIPL is led by CEO, Bill Messing who is a former VP of Production at Classmates Online and a former Director of MSN.


Cellfish Media Logo

Dollar Amount Involved: $10 Million


Cellfish Media, LLC
is a New York based company that has a website where users can download games, ringtones, and share videos and photos with friends. Cellfish services are compatible with Motorola, Nokia, LG, Samsung, Panasonic, and Sony phones.

 

Cellfish has announced yesterday that they have raised $10 million from Solidarity Fund QFL. It had previously raised $50 million in October from Trio Capital, Telecom Media Fund, and from a Desjardins Venture Capital affiliate. Cellfish is a subsidiary of French company, Lagardere Group.


Zoodango Logo

Dollar Amount Involved: Coming Soon

Zoodango is a social network for professionals that is looking to take LinkedIn head on. Currently, Zoodango receives about 30,000 page views per day and had close to 3,000 profiles. Zoodango focuses more on setting up face-to-face meetings for professionals.

 

Zoodango announced that within 30 days they will announce an investment from “big profile strategic investors.” Zoodango has received angel funding from a Seattle-based billionaire investor.

The founder of Zoodango is James Sun, who is also a contestant on Donald Trump/NBC’s The Apprentice-Los Angeles.


Reply! Logo

Dollar Amount Involved: $6 Million
Reply!
, a decision search engine has attained $6 million in Series B funding from Outlook Ventures, Scale Venture Partners, and Debi Coleman (former CFO of Apple Inc.). Reply! is looked at as a competitor to Zillow.

Reply! was started in San Ramon, Calif. 6 years ago and used to be known as Next Phase Media.

Through this round of funding, Reply! intends on extending its services beyond real estate and automotive listings.

“We’d like to expand into other categories like insurance and home improvement,” stated founder and CEO, Payam Zamani. Randy Haykin, Managing Director of Outlook Ventures has stepped on the Reply! board of directors as a result of the funding.


DoubleClick Logo

Dollar Amount Involved: Acquisition Speculations

Let’s just say that this digital advertising technology company is being eyed by Google, Yahoo! and Microsoft. The company acquired Tangozebra last month to gain a stronger market prescence in Europe.

 

The company announced a couple days ago that it is setting up an auction-like bidding system for advertisements. DoubleClick is based in New York and has been priced at an amount north of $2 billion.


OZON.ru Logo
Dollar Amount Involved: $18 Million
OZON.ru is Russia’s largest e-commerce website for video, audio, books, games, and other electronics. It is known as “the Amazon.com of Russia.” Investors in the company have announced that they have plugged $18 million in the company. The funding was led by Index Ventures, Holtzbrinck Ventures, and Cisco Systems Inc.

“With the support of our controlling shareholder BVCP, we at OZON.ru are extremely proud to have attracted top tier European investors such as Index Ventures. This investment round will allow us to pursue our ambitious growth strategy and further strengthen our logistical operations, with a particular emphasis on the fast growing Russian regions. We also look forward to benefiting from the extensive knowledge pool, expertise and international networks of our new shareholders,” stated Bernard Lukey, CEO of OZON.ru.

OZON has more than 260,000 items in 12 product categories and 400 suppliers. OZON has a distribution center in Tver and is HQed in Moscow.


ForeSee Results Logo

Dollar Amount Involved: $20 Million

Finally some good news from the mitten-shaped state… Ann Arbor, Mich. based company ForeSee Results has raised $20 million from Updata Partners, Investor Growth Capital, and CFI Group.

 

ForeSee Results is an online satisfaction measurement company that utilizes methodologies from the University of Michigan’s American Customer Satisfaction Index (ACSI).

Compuware Corporation and CFI Group are both co-founders of ForeSee Results.