# Twin Prime

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/twin-prime

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.twinprime.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Mar 18, 2015)
- Investors on record: 4

## About

Twin Prime, Inc. specializes in enhancing mobile application performance through advanced optimization solutions that improve speed and reliability for users on various networks.Founded in 2011, Twin Prime, Inc. is headquartered in Redwood City, US, and focuses on mobile application optimization. The company was acquired by Salesforce.com in December 2016 for an undisclosed amount. Twin Prime has been involved in two deals with its most recent deal occurring on December 14, 2016, during which it received a Series A funding round totaling USD 7.500 mn from investors including Draper Fisher Jurvetson, Milliways Ventures, Moment Ventures, and True Ventures, resulting in a total amount raised of USD 7.500 mn and a current company valuation of USD 22.883 mn.Twin Prime, Inc. provides optimization solutions for mobile applications, aiming to enhance their performance across different network conditions. The company's technology focuses on improving data delivery speed and reliability for mobile users, which is critical for businesses to maintain customer engagement and satisfaction. Their solutions are applicable to a range of industries, helping businesses streamline mobile experiences and accelerate content delivery, thereby optimizing user interactions with mobile applications.Twin Prime, Inc. generates revenue primarily through its subscription-based model, where clients pay for access to its mobile optimization services. Pricing is structured to accommodate various business needs, enabling flexible access to essential optimization tools and features. The revenue model is designed to ensure continuous support and improvements to their services, contributing to long-term client relationships.Following its acquisition by Salesforce.com, Twin Prime, Inc. is expected to leverage its resources for further development of its mobile optimization offerings. The company aims to launch new products that enhance application performance, although specific release dates have yet to be detailed. Additionally, Twin Prime is looking to expand its services into new global markets, particularly targeting regions that require advanced mobile solutions, in alignment with its growth strategy. The funding from the Series A round is intended to facilitate these developments and support the company's strategic initiatives.

## Funding rounds

- Series A, Mar 18, 2015, $7.5M — Draper Fisher Jurvetson, True Ventures, Moment Ventures, Milliways Ventures

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A
- Moment Ventures (https://capitalatlas.ai/funds/moment-ventures) — Series A
- Milliways Ventures (https://capitalatlas.ai/funds/milliways-ventures) — Series A