Bump Technologies Raises $16 Million

Posted Jan 11, 2011

Bump Technologies is a mobile application company that lets users share information simply by bumping their phones together. Bump has raised $16 million in a second round of funding from Andreessen Horowitz, Sequoia Capital, Sherpalo Ventures, and SV Angels. Marc Andreessen will be joining the board of directors at Bump as well.

Its not just contact information being shared on Bump anymore. Now you can share music and photos on Bump. About 20 photos are being shared every second through Bump. The application is currently being used by about 25 million people with about 1 million people that were added in the last 2 weeks itself. Bump launched out of the Y Combinator start-up incubator.