Showing posts with label Company. Show all posts
Showing posts with label Company. Show all posts

Friday, 25 November 2011

Next Generation Texting Company GOGII Raises $8.2 Million in New Financing

Marina del Rey, Calif. (PRWEB) December 10, 2009

GOGII, Inc., the creator of the next generation texting application textPlus, announced today that it has raised $ 8.2 million in a round of financing led by Matrix Partners, with existing investor Kleiner Perkins Caufield & Byers also participating in the round. The new funding is the second round of successful financing for the quickly growing mobile start-up, which raised a Series A round from Kleiner Perkins' iFund in December 2007.


GOGII's mobile application textPlus merges both old-style texting - one-to-one conversations - and next generation texting - rich, engaging environments and instant group text conversations. The company uses sponsorships and advertisements embedded in the textPlus app environment to make it free for users to download and use.


"Today, the number of cell phone users who use texting as their primary mode of communication is staggering; GOGII has learned how to tap this enormous market and help advertisers reach consumers on their mobile devices in a way that has never been done before," said Scott Lahman, CEO and co-founder of GOGII. "We are honored to receive this kind of validation from two of the world's most successful venture firms. The new financing will allow us to bring our rich texting environments and features to even more carriers, handsets and users."


"What impressed us most about GOGII was its ability to provide a simple, appealing environment on mobile phones where rich advertisements are sure to be seen: alongside SMS messages," said Matrix Partners General Partner Dana Stalder, who will join GOGII's board as of this round. "Customer response to the textPlus app is higher than that of any competitor in the market we have seen thanks to its unprecedented features - and advertisers eager to reach this market are catching on quickly."


Since launching the textPlus app in June 2009, GOGII has taken several major steps to bring texting to a new level. This November, textPlus debuted username "text addresses," which allow anyone in the U.S. with a mobile phone to start a text conversation with their friends using textPlus by simply texting a friend's username to 60611. textPlus with usernames also provides users worldwide the ability to send messages app-to-app anywhere in the world for free. textPlus will soon make it possible to create usernames for entire groups, or communities, of users.


textPlus has proven to be tremendously popular with consumers. To date, the textPlus app has been downloaded almost 3 million times, reaching over 9 million people, with over 300 million messages sent using the service since June. And while only the top 5% of applications in the Apple App Store reach 100,000 unique monthly visitors, textPlus exceeded that by over 7 times in its second month of release.


About GOGII (go-jee)

GOGII provides customers the next generation of text messaging through its flagship product, textPlus, a feature-rich, third-party text messaging application. The company was founded in 2008 by the three founders of JAMDAT Mobile, the leading mobile entertainment publisher that was acquired by Electronic Arts in 2006.


About Matrix Partners

Matrix Partners is a premier venture capital firm that has generated outstanding returns for over three decades. The firm has delivered several of the industry's top performing funds of all time. Matrix Partners operates in the United States, India and China. The firm has been fortunate to be a part of the creation of game-changing, industry-leading businesses such as Aruba Networks (Nasdaq: ARUN), JBoss (Red Hat), Netezza (NYSE: NZ), SanDisk (Nasdaq: SNDK), Starent Networks (Nasdaq: STAR), Sycamore Networks (Nasdaq: SCMR) and Veritas Software (Symantec).


About Kleiner Perkins Caufield & Byers

Since its founding in 1972, Kleiner Perkins Caufield & Byers has backed entrepreneurs in over 500 ventures, including AOL, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Google, Intuit, Juniper Networks, Netscape, Lotus, Sun Microsystems, Symantec, VeriSign and Xilinx. KPCB portfolio companies employ more than 250,000 people. More than 150 of the firm's portfolio companies have gone public. In 2008, the firm launched the iFund to invest in mobile applications on the iPhone platform in collaboration with Apple. The firm has offices in Menlo Park, California; Beijing, China; and Shanghai, China.


http://www.gogii.com


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Related Series B Round Press Releases

Access Control Security Technology Company, Viscount Systems, Featured on Homelanddefensestocks.com

BURNABY, BC (PRWEB) April 16, 2004

Viscount Systems Inc. (OTCBB: VSYS) today announced the Company is currently featured on Homelanddefensestocks.com, a global research portal for investors following homeland security stocks. Viscount is positioned in the security sector with MESH, a next generation access-control product that converges all aspects of voice (intercom, paging, emergency), data (card access, elevators, alarms) and video (CCTV) in large complexes or series of complexes.


Homelanddefensestocks.com is a global investment portal that features news, research, homeland security links, featured and exclusive articles and companies participating in security technology solutions. Areas include: Airport Security, Biodefense, Biometrics, Defense, Internet Security, Integrated Security, Military, Border and Port Security. Homelanddefensestocks.com is a unique top ranked investor research portal on Yahoo and Google. Homelanddefensestocks.com has been featured on CNNfn, Business Week Online and America Press World.


Steve Pineau, Viscount President and CEO commented: "The release of our MESH server system has been very timely. We are now working on specifications for systems to be evaluated at a number of sensitive Homeland Security sites. The government officials we are working with see MESH as a lower cost, more IT compatible technology than the older Wiegand platform. Based on this response we have increased our Homeland Security marketing including this month's Border and Transportation Security Report sent to 15,000 US government security officials."


Pineau added: "Access-control technology, whether through MESH intelligent readers or our recent biometric add-ons, is concerned, at the highest level, with allowing the right people access to secure sites and keeping the wrong people out. To me, this is one of the very building blocks of Homeland Security."


About Homelanddefensestocks.com:


ECON Investor Relations Inc. (ECON Corporate Services), owner of the domain http://www.homelanddefensestocks.com, is a privately owned corporate communications company specializing in investor relations, media relations and research in public companies and industry sectors for the investment community. Nothing on the site should be construed as an offer or solicitation or recommendation to buy or sell any specific products or securities. Past performance does not guarantee future results. Although we attempt to research thoroughly, there are no guarantees in accuracy. We encourage all investors to use our research as a resource only, but to further their own research on all featured companies, industry research and articles featured. ECON is compensated by featured company Viscount Systems. For more information go to http://www.investorideas.com/About/Disclaimer.asp.


About Viscount Systems:


Viscount Systems Inc. is a designer and manufacturer of telecommunications and electronic door control access systems for the security industry. From 1969-1997 Viscount was an R&D affiliate of Telus, itself a controlled subsidiary of GTE, now Verizon Communications. The company's diverse line of products are designed to improve safety and manage security for property owners and users. Viscount's products have been installed in approximately 35,000 sites in over 30 countries and are sold through a 500-member, North America-wide dealer network comprised of security equipment vendors. Additional information on Viscount's products may be obtained on-line at http://www.viscount.com.


Financial statements are available from the company's registration statement filed with the U.S. Securities and Exchange Commission on February 6, 2002, which may be viewed at http://www.sec.gov or the company's web site http://www.viscount.com under the heading "Investor Relations." For further information, or to be placed on email NEWS ALERT, please e-mail to ir@viscount.com or call toll free 1-866-252-9446.


Safe Harbor Statement


This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of Viscount Systems Inc., nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.


Forward-looking statements: This press release and other statements by Viscount Systems Inc. may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," expect," "estimate," "position," "assume," "potential," "outlook," "continue," "remain," "maintain," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," or similar expressions.


Distributed by Filing Services Canada and retransmitted by Market Wire


Contact:


Nick Waddell


Viscount Systems, Inc.


VP, Corporate Communications


Toll Free 1-866-252-9446


Nick@viscount.com





More Buy Domains From Google Press Releases

Job Searching? Blue Chip Career Can Put You in Elite Company

Washington, DC (PRWEB) November 03, 2011

Blue Chip Career, an online mentoring platform for job seekers, launched its new website with an extensive network of business executives. The companys diverse and growing mentor network includes managing directors at bulge-bracket investment banks, successful entrepreneurs and venture capital investors, team leaders at top consulting firms and senior private equity and hedge fund investors. Through the Blue Chip Career platform, any job seeker can connect with an experienced mentor for personalized job search guidance.


As a young professional, I noticed that networking was difficult and awkward and that it was hard to find the right person to speak to, Chris Carey, the companys founder said of his motivation to transform the traditional mentoring paradigm. After realizing this challenge, our team developed a mentor network which rivals that of a top business school, yet is easily and comfortably accessible to all.


While social and professional networking is becoming an increasingly crowded space, Blue Chip Career differentiates its services by ensuring meaningful relationships with experienced and altruistically motivated mentors. Unlike a professional network such as LinkedIn, Blue Chip Career offers job seekers access to executives outside their existing network, and each client is provided a personal mentor match to ensure a productive and genuine relationship. Additionally, even as social networks are making it easier for professionals to connect, many job seekers are finding their requests for advice ignored.


When I wanted help searching for a summer internship, I reached out to 50 alumni through my schools network and LinkedIn, and I only received two responses - both of which were unhelpful, Jeff Fairbrothers, a college junior, said of his networking experience prior to working with a Blue Chip Career mentor. When I learned of Blue Chip Career, I found an executive with the perfect background for my career interests, and I was connected with her immediately.


The company is finding that even professionals with traditionally strong alumni and professional networks are engaging with Blue Chip Career mentors. Indeed, the company has worked with students at all of the top 15 business schools. Clients appreciate the ability to speak to an executive with specific industry expertise, as well as the on-demand and candid nature of the client-mentor interactions. Carey said. Some clients spend 20+ hours with a mentor, a time commitment that is uncomfortable and nearly impossible to get from a connection established via a personal or alumni network.


With a new website launch, the company is seeking to expand its client base and promote its national and international brand. Since June, the company has grown sales at a monthly rate of 50% - a trend that has been supported by partnerships with companies such as Wall Street Prep and WallStreetOasis.com. Blue Chip Career is not limiting its growth to the United States. The company just formed a partnership with WikiJob, a leading job board in the United Kingdom, and more than 30% of Blue Chip Career's clients come from outside the United States.


About Blue Chip Career


Blue Chip Career makes it easy for anyone to connect with top professionals. The company pairs job seekers with executives for one-on-one job search and career guidance.


Mission: To improve the career development process through genuine mentoring.


Learn more at: http://www.bluechipcareer.com.


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The Penn Mutual Life Insurance Company Worth

Horsham, PA (Vocus) October 18, 2010

The Penn Mutual Life Insurance Company today announced that according to its second annual Worth

The Penn Mutual Life Insurance Company Names Eileen C. Mcdonnell President & CEO

Horsham, Pa. (Vocus) October 21, 2010

The Penn Mutual Life Insurance Company is pleased to announce that Eileen C. McDonnell, current president of the 163-year old company, will succeed Robert E. Chappell as Chief Executive Officer.


Chappell, who has led the mutual company to its current position as one of the most respected companies in the life insurance industry, will retire after 16 years in the position, but will remain as chairman of the board.


The change will become effective on February 18, 2011. In less than three years at Penn Mutual, Eileens presence as a leader of the company and within our industry has been exemplary. She is a dedicated advocate for the complete value of life insurance for American families, a forward thinker and committed to continuing to build momentum for Penn Mutual in the years ahead, Chappell said.


McDonnell is one of only a few females holding the CEO position at a major U.S. life insurer. She joined Penn Mutual in February 2008 as Executive Vice President and Chief Marketing Officer, and Chairman of the Board of Hornor, Townsend & Kent, Inc. She is also a member of the Janney Montgomery Scott LLC Board of Managers, and the Board of Directors of Pennsylvania Trust. She will retain both those positions and her position as a member of the Penn Mutual Board of Trustees.


It is an honor to be named chief executive officer and it has been a tremendous pleasure to work with Bob Chappell, an executive who has set standards for performance and integrity that are unmatched in my professional experience. This smooth and well-orchestrated transition is just one example of this. Bobs keen focus on our business fundamentalsmutuality, financial strength, and the power of relationshipshas helped the company grow into one of the most respected in the industry. In addition, he has built one of the strongest executive teams the company has ever had. All of us are all excited about the prospects for our company as we move into the future, McDonnell said.


McDonnell is a 23-year veteran of the financial services industry. She was president of New England Financial, a wholly-owned subsidiary of MetLife and senior vice president at Guardian Life Insurance Company. McDonnell also held positions at AXA/Equitable. In addition, she was a member of the Master of Science in Management faculty at The American College, where she held the Chair for Women and Financial Services.


An active industry participant, Eileen is a member of the Board of Directors of LL Global, Inc., the holding company for LIMRA International and LOMA. She has also served on the Board of the Insurance Marketplace Standards Association (IMSA) and is a National Advisor for Vision 2020.


McDonnell graduated from Molloy College, Rockville Centre, New York. She formerly served as member of the Molloy College board of trustees. McDonnell earned her MBA in finance and investments from Adelphi University, in Garden City, NY.


(LOCAL ONLY): McDonnell and her family reside in Doylestown, PA.


About The Penn Mutual Life Insurance Company

Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock lifes possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/.


2010 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044.


Contact:

Pixafy Joins Radical Company, Will Lead All Operations in the US and Europe for the Global Digital Group

New York, NY and London, UK (PRWEB) October 03, 2011

Pixafy, the New York based technology company, has joined Radical Company, the global digital group known for their d-commerce expertise, as its exclusive technology provider in the US and Europe, the two organizations announced today. The companies have also been named Magento Enterprise Partners and will present their innovative work in Magento at the upcoming conference in London on October 26.


"We are thrilled to welcome Pixafy to the Radical family, helping us in our mission to inspire and transform the way organizations and brands engage across platforms and grow. Pixafy translates great ideas into beautiful technology featuring brilliant execution -- and will play a key role in Radical's global expansion in the coming months and beyond," said Ian Wilding, CEO of Radical Company.


Radical Company, which launched last year under the leadership of Chairman Graham Thomas, the ex-Deputy Chairman of Saatchi & Saatchi, and CEO Ian Wilding, the former Managing Director at System Minds Studio, is growing rapidly as it opens offices in United States, Europe and expands across Asia and the Middle East.


This is a huge moment for us. Pixafys motto is you think it, we build it and we are excited to join Radical in their mission to build excellent, functional and effective technologies that help businesses grow in substantial ways, said Uri Foox, President and Founder of Pixafy and newly appointed President of Radical USA. We are also very proud to be named Magento Enterprise Partners. Simply put, Magento is the future and we are eagerly looking forward to presenting our new work at the upcoming Conference in London.


About Radical Company

Radical is just that: a global group that inspires and transforms the way organisations and brands engage, communicate and sell across all digital platforms. Radical works both at the enterprise and brand level to deliver extraordinary user experiences whether it be on a d-commerce platform, an intranet, a global enterprise platform or a mobile app (and everything in-between).

As a group of companies and people Radical has vast experience but a simple belief: the more that digital interactions reflect the needs and values of people as individuals, the more successful they will be at delivering business goals and building reputations and profit. http://www.radicalcompany.com


About Pixafy

Pixafy provides the technology clients need to meet their business goals. Based in New York City, Pixafy is a team of expert developers with deep experience developing world-class websites and applications, leveraging the latest technologies, content management solutions, open source platforms and web standards to solve any challenge. http://www.pixafy.com


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