Mark Cuban Leads $1.35M Round for SMaSh Technologies

Authored by Mark Hefflinger on April 21, 2009 - 7:37am.
Pittsburgh, Penn. - SMaSh Technologies, a developer of advanced text messaging technology, has raised $1.35 million in a new financing round led by entrepreneur and Dallas Mavericks NBA team owner Mark Cuban.

Seed-stage investment group Innovation Works, and inventor Dr. Ihor Lys also participated in the round.

Pittsburgh-based SMaSh's platform enables mobile applications based on SMS, such as menu-based information navigation, multiple-touch interactions, reminders, and sharing of messages.

"SMaSh fuels a way to get more out of text messaging by eliminating many of its traditional constraints -- essentially, enabling cookies for mobile," said Mark Cuban.

"What I like is that consumers don't need to change a thing about their phones, and they still benefit from engaging mobile applications."

 
Related Links:

http://www.smashcode.com/press/smash-closes-investment-led-mark-cuban

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