Congrats to Jed Alpert, Chris Muscarella, Ben Stein and the Mobile Commons team! Congrats to Steve Brotman, JB Lockhart and Greenhill SAVP on a terrific investment in a Tipping Point Partners portfolio company.
Greenhill SAVP Completes Investment in Mobile Commons
NEW YORK, NEW YORK, May 28, 2009 - Greenhill SAVP announced
today it has invested in Mobile Commons, Inc. ("Mobile Commons").
Greenhill SAVP led the Series A financing and was joined by Zelkova
Ventures. As a result of this financing, Steve Brotman, Managing
Director of Greenhill SAVP, has agreed to join the Mobile Commons Board
Based in downtown Manhattan, Mobile Commons (www.mobilecommons.com)
has developed an easy to use mobile messaging platform. Its web-based
user interface enables any business or organization to instantly create
mobile campaigns that combine SMS, voice, and mobile web
functionality. Mobile Commons' applications seamlessly connect to the
web, social networks, existing CRM databases, and other media. Mobile
Commons has over 100 blue chip clients, including Bank of America,
Credo Mobile, Diageo, Humane Society, Planned Parenthood, and the
Greenhill SAVP's investment in Mobile Commons
represents the fund's fifth online media and marketing services
investment in the past 18 months.
"Mobile Commons has built a
quick, easy and efficient solution that has the potential to
revolutionize the execution of mobile marketing campaigns. Mobile
Commons is the established leader in the public, advocacy, and
non-profit sectors. We are excited to partner with Mobile Commons'
accomplished management team to realize its full market potential in
the commercial and government sectors as well," commented Steve
Brotman, Managing Director of Greenhill SAVP.
"We are very
pleased to have Steve join our board and Greenhill SAVP as an investor.
Given Greenhill SAVP's notable experience and successful track record
in technology-enabled marketing services, we believe they will add
significant value and expertise to help us grow our business," said Jed
Alpert, Founder of Mobile Commons.
About Mobile Commons
Used by the leading marketers and
cause-related organizations in the world, Mobile Commons makes it
simple to create mobile programs based around text messaging, voice
calls, and web-based interactive components. With these tools,
organizations can raise money, build lists, grow support on the web,
add interactivity to live events, and spread their ideas more
Mobile Commons' goal is to provide customers
with a seamless offering of products that spans the web, the real
world, and the full range of mobile mediums. For more information,
About Greenhill SAVP
With over $100
million under management, Greenhill SAVP makes early stage venture
investments in technology-enabled services and business information
services companies. Prior fund manager investments include LivePerson
(NASDAQ: LPSN), OpenWave (NASDAQ: OPWV), YellowJacket (acquired by the
Intercontinental Exchange, NYSE: ICE), UGO Networks (acquired by Hearst
Corporation), and KnowledgeStorm (acquired by TechTarget, NASDAQ:
Greenhill SAVP is an affiliate of Greenhill & Co., Inc. (NYSE:
GHL), an independent global investment banking firm with offices in New
York, London, Frankfurt, Toronto, Tokyo, San Francisco, Dallas and
Chicago. Greenhill SAVP leverages its deep domain expertise, a proven
investment track-record, and a global corporate network to create
significant portfolio value. For more information about Greenhill
SAVP, please visit www.gsavp.com.