Google acquires Bump (mobile data exchange)

Companies in Relationship

Bump, Google

Deal Facts

Initial Announcement Date: 9/13

Consideration: $35 million (Source: TechCrunch)

Google acquires Bump, a mobile application that allows two smartphones to connect wirelessly to send contact information, photos, and files between devices. Bump had raised approximately $20 million from investors which included Y Combinator, Sequoia Capital, Andreessen Horowitz, and SV Angel. Bump’s 25 employees are espected to join Google with upon close of the deal. At a price of $35 million, with having raised nearly $20 million, investor returns are not substantial.


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