Monday, May 12, 2014
Phunware Buys Digby
Austin-based Phunware said last week that it has acquired fellow Austin firm Digby, to bolster its presence in the retail and vertical markets. Financial terms of the buy were not disclosed. Phunware said that Digby's team will transition to Phunware's headquaretrs over the next several weeks. Digby had raised around $18.4M in venture capital, from such firms as Battery Ventures, Blackberry Partners Fund, Daylight Partners, and S3 Ventures; the company got its start as 30 Second Software. Digby was founded by David Sikora.