Google acquires file-sharing app developer Bump Technologies for reported $40 mn
17 Sep 2013
Google has acquired file-sharing app developer Bump Technologies for a reported $40 million.
Bump Technologies has developed its namesake app called Bump, which allows users to share files by bumping devices together
Bump, which was launched more than four years ago, has been downloaded 125 million times, according to the company founder David Lieb, a former employee of Texas Instruments.
Lieb said in a blog post that the company's apps, which also include a photo-sharing service Flock, will keep working for now.
"The Bump team has demonstrated a strong ability to quickly build and develop products that users love, and we think they'll be a great fit at Google," Google said in a statement.
Both Bump and Google are based in Mountain View, California.
Bump has raised around $19 million from investors, which include Y Combinator, Sequoia Captial, Felicis Ventures, SV Angel, Andreessen Horowitz, and others.
