Bubble Motion Closes $14 Million in Second Round Funding - Receives Investment from Sequoia Capital, Comcast Interactive Capital, and NCD Investors Mountain View CA, 26 March 2008: Bubble Motion, the pioneer and global leader of ‘voice SMS’, today announced $14 million in additional funding from existing investors Sequoia Capital US and Sequoia Capital India, as well as new investors Comcast Interactive Capital and NCD Investors. This additional funding will allow the company to further develop and expand the award-winning BubbleTALK platform, and will enable the company to focus on securing additional operator partnerships around the world. Over 135 million consumers currently use the BubbleTALK service, which provides a ‘click, talk, and send’ short voice messaging service that works on any mobile phone. Operators have been implementing the BubbleTALK service because it gives them a fun and easy-to-use new service that increases Average Revenue Per User (ARPU) without the need for any additional network infrastructure. Gaurav Garg, Sequoia Capital US, said “Bubble Motion has continued to impress us with their developments over the past year and a half.
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