Tira Raises $13M

Tira Wireless, provider of advanced technology for mobile content deployment, raises $13M in Series C funding

March 16, 2006

2 Min Read

SAN FRANCISCO -- Tira Wireless, the premier provider of advanced technology for mobile content deployment, today announced the company has secured US$13 million in Series C funding. The new investment, led by Lehman Ventures and joined by existing investors Brightspark Ventures, Flagship Ventures and Export Development Canada, will be used to round out Tira's Jump platform to include all data types including music and video; and expand the company's global support and distribution.

"Tira's unique approach to content deployment, developed from three years of experience preparing content for major publishers, was critical to our decision to invest," said Tom Banahan, Managing Director of Lehman Ventures. "The company's ability to productize this experience adapting technical content, refining the deployment process and managing digital assets into the Tira Jump Product Suite is unparalleled in the industry." In conjunction with the funding, Tom Banahan has also joined the Tira board of directors. The Tira Jump platform, based on patent-pending technology manages the entire set of deployment processes of mobile data including planning, adaptation, optimization, localization, quality assurance, certification, carrier and portal packaging.

Using the Tira Jump platform fundamentally lowers the total cost of mobile content deployment by two thirds while enabling mobile data publishers complete management, reliability, consistency and process control through Jump's integrated Workflow and Asset Management engines. The award-winning Tira Jump technology platform combines in-depth knowledge of mobile content deployment processes with the most powerful and flexible features of digital asset management and workflow systems.

"As Tira's first investor, we have been able to watch Tira grow into the market leader in mobile content deployment," said Mark Skapinker, Chairman of Tira Wireless, and Managing Partner with Brightspark Ventures. "This additional capital provides the resources needed to dominate this ever expanding market."

Tira Wireless Inc.

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