A: $4.8 million of venture capital funding co-led by Trinity Ventures and Matrix Partners.
Competitors
Opera
Product Description
For the first time, browsing on a smartphone is just like browsing on the PC. Skyfire, a free downloadable mobile browser, runs any site built with any web technology. Whether it’s YouTube videos, Flickr slideshows, web music, Google maps in street view, or Facebook with all its apps– it’s just like the PC. Users get speedy page loads, full audio, video, images, dynamic Flash content, advanced Ajax, Java and more – as quick as their PC.
Market Opportunity
According to In-Stat, Smartphones will grow more than 30% annually worldwide for the next five years, exceeding the unit sales for laptops. Berg Insight predicts global shipments of 113M units in 2007 and 365M units by 2012. A Jupiter report concluded unsatisfactory browsing contributes to only 16% of handset owners using a browser to access the Internet.
DEMO Says
There’s a strong possibility that every DEMO conference in the past five years has featured a company intent on improving mobile browsing. It’s one of those eternal tech problems that is never solved but which many companies have come *this close* to cracking. At the risk of repeating ourselves - and the risk of overstating — we think Skyfire has finally nailed it. The technology’s speed alone is enough to elicit wows but the no exceptions, full-featured browser experience — with full flash, java and xml capability — settles it. All this without any need for carrier involvement. Try not to stampede as you approach their booth.