Open Backyard Raises $10.8M Collection A Spherical To Double Down On Its Off-Grid FireChat Messenger
Open Backyard, the corporate behind the favored FireChat messaging app, in the present day introduced its $10.eight million Collection A funding spherical led by August Capital. Different buyers embrace Firebolt Ventures, Future Good Ventures, Kima Ventures, Tseung Kwan Ventures and Sherpalo. Together with this spherical, Open Backyard has now raised $12.eight million.
The corporate lately discovered its footing with the launch of FireChat, an nameless messaging app that may use mesh networking to attach you to close by customers, even when there isn’t a different connectivity out there. When OpenGarden first launched at TechCrunch Disrupt NY in 2012, the corporate’s focus was on constructing mesh networking apps that might permit smartphone customers to share their connectivity with others. Whereas that was a technically spectacular feat, it wasn’t till the corporate launched FireChat earlier this yr that it had successful on its hand.
With this new spherical of funding, the corporate plans to speed up the expansion of FireChat and construct partnerships with cellular app builders in key progress markets like India, Latin America and Asia. Whereas Open Backyard hasn’t formally launched an API for its networking know-how but, the corporate beforehand informed me that it hopes different apps will use its know-how in the long term — and the extra apps use it, the higher its offline protection will get.
“The writing is on the wall. Peer-to-peer networking is the way forward for the cellular Web,” stated Micha Benoliel, CEO and cofounder of Open Backyard, in at present’s announcement. “FireChat’s reputation is an early indicator of an impending large disruption. Individuals and communities all over the world now perceive that their telephone and a free app is all they should create ‘their very own Web,’ independently of present infrastructures and powers.”
The corporate additionally in the present day introduced an replace to FireChat that brings photograph sharing and the power to comply with different customers to the service.