Snaptu Ltd.

www.snaptu.com

Formerly Moblica ; Now Facebook Israel

High-Tech Company

Acquired by Meta

TECH VERTICALS

Mobile Applications

General Data

Sector	Consumer-Oriented Software
Company Stage:	Initial Revenues
Established	2007
Number of Employees	30
Reg. Number:	abCDe

DESCRIPTION

Snaptu offers online service providers, media companies and content owners a fast track into the world of mobile Internet, through its mobile application network. By enabling an easy and fast deployment of any online service as a full-featured mobile application, the company extends its partner's reach to every Internet-enabled mobile device. Snaptu brings superior, designed-for-mobile user experience, giving end-users intuitive access to the richness of their favorite Internet services.

TECHNOLOGY

Snaptu’s platform optimally breaks-up mobile services into elements, processing each element in the most optimized part of the network. The company’s proprietary technology based on this approach, results in unmatched benefits compared to other solutions:

- Exceptional User Experience – intuitive, designed for mobile;
- Faster - optimizing data traffic, matching and even exceeding PC Internet speed;
- Eliminates installation process – launching and streaming applications on demand;
- Overcomes device limitations – expanding the world of possible mobile applications by shifting application processing and storage from the mobile device to the server side of the network;
- Easy to develop for – third parties can use visual tools to rapidly design user interface and flow;
- Operator independent – cooperation from network operators or handset manufacturers is not a necessity;
- Complete re-use of resources – significantly reduce cost per service.
Mobile Web

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Online Service Providers, Media Companies, Content Owners.

	BUSINESS MODEL
	B2B

COMPETITORS

InfoGin , Volantis Systems Ltd. , WidSets (service by Nokia) , Yahoo! Go

CONTACT INFO

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Main Address: Ramat Gan, Israel

Address	3 Shoham St.
City	Ramat Gan
Country	Israel
Zip	69359

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Micha Berdichevsky	VP, Engineering & Co-Founder	BVR Systems (R&D Manager)
Mr. Simon Davies	Managing Director, Europe
Mr. Lior Tal	Co-Founder
Mr. Ran Makavy	Co-Founder	FolloWap (Director of Product Management)
Mr. Barak Naveh	Co-Founder	SAP Israel R&D Center (Team Leader & Developer)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Mar. 20, 2011

Initial Revenues

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round - Extended

Jun. 22, 2010

Initial Revenues

abCDe

Second Round

Mar. 12, 2010

Initial Revenues

abCDe

First Round

Jan. 01, 2009

R&D

abCDe

Seed

Dec. 01, 2007

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe

Last Updated:	abCDe
IVC Number:	abCDe