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| [November 28, 2012] |
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Everything.me Announces a $25 Million Strategic Investment From Telef�nica, SingTel Innov8, Mozilla and Existing Investors
MOUNTAIN VIEW, Calif. --(Business Wire)--
Everything.me (formerly DoAT), developer of an innovative HTML5-based
dynamic mobile app platform, today announced it has secured $25 million
in series C funding in a round led by the Silicon Valley-based venture
team of Telef�nica
Digital. The latest round also includes investments from SingTel
Innov8, Mozilla (News - Alert) and previous investors including Draper Fisher Jurvetson
(DFJ), DFJTF, BRM Group and Horizons Ventures. The Israeli-based company
will use the funding to expand its team and drive Everything.me's
ongoing development.
Everything.me is powering a new paradigm for smartphones - changing them
from "smart" to "dynamic." Rather than the static experience of today's
smartphone, a dynamic phone adapts its offering of apps on the fly,
matching the content and services a user needs with the most relevant
apps available - whether locally or from the cloud. This shift bridges
the gap between the web and applications on mobile. Apps appear on the
screen according to user intent and are all instantly available and
ready to use whether the user downloaded them or not. This dynamic
platform enhances mobile OS and app store experiences by providing easy
access to thousands of apps, games and services available on HTML5.
"Everything.me was started to harness the power of HTML5 and the
openness of the web to disrupt the mobile industry," said Rami
Kasterstein, CEO and Co-Founder, Everything.me. "We see this investment
as evidence of the capabilities of fully-mobile web apps, which
Everything.me provides to users at their fingertips, on demand. We are
excited to be working with our new partners Telef�nica, SingTel (News - Alert) and
Mozilla, who are driving innovation for consumers."
"Everything.me represents a significant breakthrough in bringing the
power of the web to mobile," said Carlos Domingo, Director of Product
Development & Innovation, Telef�nica Digital. "We are committed to
driving greater openness in mobile ecosystems which will in turn spur
innovation. This is why we are such strong supporters of Firefox OS. The
integration of Everything.me into Firefox OS will add a rich and
compelling content experience for customers."
"Everything.me is aligned closely with Mozilla's mission and goals,"
said Jay Sullivan (News - Alert), VP, Products, Mozilla. "Like us, they are committed
to using the power of the web to bring the mobile app experience to
consumers, regardless of the platform, OS or browser used. We are
excited to be working closely together to further the abilities of the
HTML5, and to create an outstanding content experience on the Firefox
OS."
"We are excited to be a part of the team at Everything.me," said Jeff
Karras, Managing Director, SingTel Innov8. "Everything.me offers a
fundamental change to the mobile experience providing access to a broad
universe of mobile applications and unlocking the power of HTML5."
"Everything.me will change the way mobile users access and interact with
mobile app," said Tim Draper, Founder and Managing Director, Draper
Fisher Jurvetson and Board Member, Everything.me. "Everything.me emerges
in the intersection of apps, HTML5 and cloud, to connect people with the
information and the functionality they want in a more agile manner. For
developers, it provides an open web and multiplatform (HTML5) playground
to innovate beyond the limitations of the existing app stores. For
users, it brings the right services to them at the right place at the
right time. We look forward to the opportunity this latest round of
funding provides Everything.me in the future."
About Everything.me
Everything.me is disrupting the mobile industry with its dynamic phone
platform. Enabled by Everything.me, a dynamic phone adapts to users'
needs by changing the apps on screen to match the content and services
the user needs at any point in time. Any app offered by Everything.me
can then be used directly from the cloud (using HTML5) without download
and installation. Everything.me is available on HTML5, as an iPhone (News - Alert) app
and will be launched on Android. Founded in 2010 (as DoAT) and based in
Israel, the company is backed by world-leading strategic and financial
investors including Telef�nica Digital, SingTel Innov8, Mozilla, Draper
Fisher Jurvetson (DFJ), BRM Group, Horizon Ventures and DFJTF. For more
information on the company, visit http://everything.me
or follow them on Twitter (@EverythingMe)
About Telef�nica Digital
Telef�nica
Digital is a global business division of Telef�nica. Its mission is
to seize the opportunities within the digital world and deliver new
growth for Telef�nica through research & development, venture capital,
global partnerships and digital services such as cloud computing, mobile
advertising, M2M and eHealth. It is also driving innovation in over the
top communications under a new umbrella brand called TU and in Big Data
through Telef�nica Dynamic Insights. Telef�nica Digital will deliver
these new products and services to Telef�nica's 314 million customers as
well as entering new markets. It is headquartered in London with
regional centres in Silicon Valley, Sao Paulo, Spain and Tel Aviv.
Jajah, TokBox, Terra, Media Networks Latin America, 48 and giffgaff are
all managed under the Telef�nica Digital umbrella.
To sign up for news alerts and read commentary on Telef�nica Digital,
visit www.telefonica.com/digitalhub
and track them on Twitter @tefdigital.
Contact: pam.smith@telefonica.com
About DFJ
DFJ is a venture capital firm that partners with extraordinary
entrepreneurs who set out to change the world. Since 1985, DFJ and the
DFJ Global Network have had $7B committed to their funds and have
managed more than 400 portfolio investments, including AdMob (News - Alert), Baidu,
Box, Skype, Hotmail, SpaceX, Tesla Motors, SolarCity, Twitter, Tumblr
and Yammer. DFJ works with companies at seed, early and growth stages,
with the goal of creating iconic and lasting businesses. DFJ pioneers
investing in emerging markets including consumer and enterprise
information technology, digital media, and disruptive technologies. The
DFJ Global Network is a federation of 16 independent venture funds
operating on four continents that cooperate on investment diligence and
co-investing. Learn more at dfj.com
and on Twitter @DFJvc.
Contact: press@dfj.com and Tel: +1
650 233 9000
About SingTel Innov8
SingTel Innov8 (Innov8), a wholly-owned subsidiary of the SingTel Group,
is a corporate venture capital fund, with its own set of decision
making, approval and funding processes. It has an initial fund size of
S$200 million. Innov8 focuses its investments on technologies and
solutions that lead to quantum changes in network capabilities, next
generation devices, digital content services and enablers to enhance
customer experience. It works closely with the ecosystem of leading
innovators, developers, government agencies, R&D and capital providers
to bring cutting-edge technologies and solutions to the various markets
the SingTel Group operates in.
About Mozilla
Mozilla has been a pioneer and advocate for the Web for more than a
decade. We create and promote open standards that enable innovation and
advance the Web as a platform for all. Today, hundreds of millions of
people worldwide use Mozilla Firefox to discover, experience and connect
to the Web on computers, tablets and mobile phones. For more information
please visit https://www.mozilla.org/
Contact - press@mozilla.com

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