We are very pleased to see that Urban Airship has acquired one of our porfolio companies: Tello.
Tello did a masterful job of launching a new product that generated tremendous buzz. Their new offering called PassTools really sparked interest in the entire Apple Ecosystem. You can read about that launch here:
Information about the acquisition can be found here:
http://techcrunch.com/2012/12/04/urban-airship-acquires-tello-maker-of-passtools-for-apples-passbook-because-not-all-brands-need-fully-featured-apps/
I want to personally congratulate Joe Beninato and Echeyde Cubillo who really did a great job in getting to this outcome. Urban Airship will be proud to have them and the rest of their team on board!
Thanks Paul! We were very happy to have you as an investor and supporter and look forward to keep working with you.