Digby Raises $5.5M Series B

Austin-based Digby raised another $5.5M from the new Blackberry Partners Fund last week, adding to a reported $2.5M Series A round. Considering that the fund made investments in only three companies as their first foray into the venture world, Digby is in good company. They had a nice writeup in the Statesman about it on Monday as well. Digby CEO Dave Sikora is a veteran in the Austin startup scene, running companies such as Ventix/Question.com, Powered, and Pervasive.

Given Dave’s long standing history with Austin companies that are backed by Austin Ventures, the lack of investment by AV in his latest company is a glaring hole. Most likely this reflects the general lack of interest from Austin Ventures in areas like mobile, wireless, and social networking and is not necessarily a vote of no confidence for Sikora.

Digby helps large retailers create a mobile presence by providing tools and technologies that help leverage back office and supply chain systems with consumer-facing mobile applications. Early customers include Godiva and 1-800-FLOWERS.

It’s great to see Austin grow some great mobile companies such as Digby, Moximity, and Edioma.

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

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