WorldMate Inc.

www.worldmate.com

Formerly MobiMate ; Now CWT Israel

High-Tech Company

Acquired by Carlson Wagonlit Travel

TECH VERTICALS

Mobile Applications

General Data

Sector	Consumer-Oriented Software
Company Stage:	Initial Revenues
Established	2000
Number of Employees	50

DESCRIPTION

WorldMate is developing mobile travel software. Removing stress and paperwork from the travel experience, WorldMate turns a mobile device into a personal travel companion, providing frequent fliers all the travel services they need at home, work or on the go. Dubbed a traveler’s “guardian angel,” the newest addition to the WorldMate product family, WorldMate Live, tracks every trip and sends real-time “push” alerts about itinerary updates and changes, including flight delays and cancellations. WorldMate products also feature hotel booking and travel resources, such as flight schedules, weather forecasts, travel directories, maps, world clocks, a currency converter and much more.

TECHNOLOGY

xMobile - a universal client for mobile systems which combines the advantages of web-applications (browser-based) with those of proprietary clients, enabling an effective development, integration and deployment of mobile client-server systems.
Mobile Web

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Business and Leisure Travellers, Handset Manufacturers, PDA vendors.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Patent Attorneys
abC Defghij	Law Firm
abC Defghij	Accounting Firm

REMARKS

Date	Remark
	Founded from a merger between Common Sense Software Ltd. and Pragma Computing Systems.

CONTACT INFO

Expand / Collapse All

Main Address: Lod, Israel

Address	2 Yodfat St., Global Park
City	Lod
Country	Israel
Zip	71291

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

Branch Address: Palo Alto, United States

Address	855 El Camino Real, Suite 405
City	Palo Alto
State/Province	CA
Country	United States
Zip	94301

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

Branch Address: Wellesley, United States

Address	70 Walnut St.
City	Wellesley
State/Province	MA
Country	United States
Zip	02481

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. Nadav Gur	Co-Founder
Mr. Dan Hod	Co-Founder
Mr. Carmel Levin	Co-Founder
Mr. Kelly Murad	Co-Founder	Clicktale (Senior Product Manager)
Mr. Rami Shaft	Co-Founder
Mr. Benny Tomer	Co-Founder	Emblaze Systems (VP, Business Development)
Mr. Jean Tripier	CEO

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Former Venture Partner, Cedar (Israel) Financial Advisors.
abC Defghij	Advisory Board Member	Managing Partner, TA Media GmbH
abC Defghij	Advisory Board Member	Co-Founder, Lastminute.com
abC Defghij	Advisory Board Member	Managing Partner, Rho Ventures
abC Defghij	Advisory Board Member	Managing Partner, Evercore Partners
abC Defghij	Board Member	Partner, BlackBerry Partners Fund

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Oct. 31, 2012

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Internal Round

May. 01, 2010

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	High-Tech Company	abCDe

Fourth Round

Oct. 29, 2008

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Corporate VC	abCDe	Led the round
abC Defghij	Corporate VC	abCDe
abC Defghij	High-Tech Company	abCDe

Third Round

Nov. 19, 2007

Initial Revenues

abCDe

Second Round

Jun. 01, 2006

R&D

abCDe

* New investor

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

First Round

Aug. 01, 2004

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe
abC Defghij	Other	abCDe	Existing investor in Genius Technologies (1999) Ltd.
abC Defghij	Other	abCDe	Existing investor in Genius Technologies (1999) Ltd.
abC Defghij	Other	abCDe

Seed

Aug. 01, 2000

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe	Holds 20% of the Company

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Dec. 18, 2007

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe	Co-op with Conducive Technology (OR)

Last Updated:	abCDe
IVC Number:	abCDe