H.I.G. Growth Partners News
Contact:Jenna Boller for Funambol
Page One PR
Funambol Grows Exponentially in Q2 2009
Sales and user adoption skyrocket after introduction of open source mobile
cloud sync software that syncs billions of mobile phones with AJAX portal,
personal computers, email systems and social networks
REDWOOD CITY, Calif. - July 22, 2009 - Funambol, the leading provider of open source mobile cloud sync software, today announced that sales in the second quarter of 2009 grew exponentially. The company acquired several major customers and forged important strategic partnerships in the past three months, including:
- several tier one mobile operators, including a major U.S. carrier with tens of millions of subscribers
- a leading provider of wireless 4G services
- a device manufacturer that ships hundreds of millions of handsets annually
- a top-tier telco integrator that operates many large wireless networks around the world
- a popular social network with 100 million+ users
User adoption of the company's software is also exploding. Funambol software was part of a highly anticipated major new handset introduced in June. Funambol was behind the recently launched GoJAJAH mobile VoIP service. Users of the company's commercial software now exceed several million, in addition to the many millions of community users of Funambol's mobile open source software.
"Our growth in this economy is remarkable," said Fabrizio Capobianco, Funambol CEO. "It illustrates how mobile cloud sync has become a major new category of wireless services, as well as the attraction of open source. To work with some of the largest mobile companies in the world to deliver services for hundreds of millions of users is a growing realization of our vision of innovative wireless services for the mass market."
Funambol recently introduced a major new version of its open source mobile cloud sync software that syncs billions of mobile phones. The software's centerpiece is an AJAX web portal that makes it easy to sync contacts, calendars, email, media, files and more. Many companies are looking for a mobile cloud sync solution to compete with Apple MobileMe, Google Sync, Nokia Ovi Sync and Microsoft MyPhone, to prevent them from taking their users. Companies are turning to Funambol's open source solution that provides numerous advantages including flexibility, control, risk reduction and value.
Several trends are accelerating Funambol's growth. The rapid adoption of smartphones, and the take-up of affordable Internet data plans, means that more users are syncing a wide range of data and media from their handsets with the Internet and personal computers. Mobile social networking is exploding, and users are looking for a simple way to keep up with social connections and media on their mobiles, which Funambol provides via its 'social address book'. This is perhaps best illustrated by Palm Pre Synergy, which provides an integrated view of contact and social network information. These trends are compelling mobile service providers to rapidly deploy mobile cloud sync. It is much cheaper and faster to buy and customize a Funambol solution versus developing one.
To learn more about mobile cloud sync, you are invited to download a free Funambol white paper that compares 12 alternative solutions. "Evaluating Mobile Cloud Sync Solutions: From Apple MobileMe to Vodafone Zyb," is available with instant website registration at http://www.funambol.com/solutions/requestpublication.php.
Funambol is the leading provider of open source mobile cloud sync solutions. Funambol open source has been downloaded more than three million times by 50,000 developers in 200+ countries. The commercial version of Funambol has been deployed at mobile operators, portals, device manufacturers, service providers and ISVs including customers such as AOL, 1&1, Earthlink and CA, Inc. Funambol is headquartered in Redwood City, California with an R&D center in Italy. For more information, please visit http://www.funambol.com. You can follow Funambol on Twitter at http://twitter.com/funambol.