Sequoia Capital Invests in Snaptu

March 15, 2010

Snaptu has secured funding from Sequoia Capital.

Snaptu's unique mobile service incorporates a suite of popular social networking, news, informational and sports applications, including Facebook, Twitter, Picasa and Flickr. The application works on virtually any phone -- not just smartphones -- and has been downloaded to over four million phones worldwide.

"We are excited by Snaptu's technology and vision and look forward to working with them to fulfill it," said Sequoia Capital partner Gili Raanan. "We see huge value for consumers and mobile operators in Snaptu's unique approach to bringing mobile applications to virtually any phone."

Snaptu CEO Ran Makavy: "With Snaptu, millions of people around the world can now use their existing phones to access their most popular Internet sites and enjoy a user experience comparable to the latest smartphones. We are delighted that Sequoia supports our strategy of using the Snaptu application infrastructure to bring the full capability of the mobile web to virtually any phone, anywhere."