Salt Lake City-based EPIC Ventures and Palo Alto (News - Alert)-based TomorrowVentures have financed the New York-based mobile technology start-up company DOTGO, helping the completion of its Series A investment round.
The financing will be used to enhance and promote the revolutionary DOTGO mobile publishing platform.
The innovative DOTGO platform allows any company, brand, or web site to quickly, easily, and cheaply offer mobile services, focusing on text messaging, a ubiquitous service that is available on billions of mobile devices around the world.
Chris Stone, Managing Director of EPIC Ventures said, "DOTGO is an incredible technology, and we are proud to be a part of it. We see it as a way to truly extend the internet into text messaging."
Court Coursey, Managing Partner of TomorrowVentures said, "DOTGO solves the largest issues in mobile publishing and text messaging and offers publishers a solution that easily works with their systems. We believe that DOTGO has the potential to become a market leader in a burgeoning category."
Both Investors have joined the company's Board of Directors. Stone has nearly 30 years of operational and entrepreneurial experience in both public and private technology companies. Coursey has more than 20 years of experience as a serial entrepreneur and brings operational expertise, as well as an extensive variety of contacts in industries around the globe ranging from technology to entertainment.
Stefan Gromoll, president of Technology and co- founder of DOTGO said, "EPIC Ventures and TomorrowVentures are fantastic partners for DOTGO. We believe that the financial and time investments of these companies will play a crucial role in the success of our DOTGO platform."
Kenneth M. Lanzetta, president of Products and co-founder of DOTGO said, "The plan now is to aggressively promote DOTGO, which is the simplest, most powerful, and most elegant mobile publishing platform out there."
Hans Lewis is a contributing editor for TMCnet. To read more of his articles, please visit his columnist page.
Edited by Marisa Torrieri