2009-04-14

Thumbplay raises more Cash

US D2C giants Thumbplay were called by one competitor the "kings of the web" (referring to their prowess to customer acquisition enlisting web-based search). And now - recession or not - their founder and CEO, industry pioneer Are Traasdahl and his team apparently raised another $6m in funding. Thumbplay's model seems to be slick enough (pay-per-click web search ads rather than fairly unpredictable TV spots) and they have a capable team in place.


If their business is as great as they wanted people to believe, they would not need this for operations, so is this money for acquisitions? And if so, where? Thumbplay so far stuck to the US market where they made some great moves (partnering with everyone from MSN through AOL to Comcast) but have been silent elsewhere. Some of their rivals did dare making the move to Europe (though not followed through with the noise perhaps to be expected), so will use the cash to take on the likes of Fox Mobile (f/k/a Jamba), Buongiorno, recently acquired Arvato Mobile (D2C brand: tj.net) and Zed over here? Ah, the excitement... ;-)

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