SkyGrid is a real-time web service located in Sunnyvale, California that is operated and privately owned by SkyGrid, Inc. In April 2010, SkyGrid launched on the Apple iPad with an application to browse and share streams of news. People use SkyGrid to receive updates on trending news and to follow their personal interests.SkyGrid’s name comes from the combining the word “Sky” representing a vast limitless space and “Grid” a simple way to organize an unlimited amount of information.

SkyGrid was founded by Kevin Pomplun, in 2005 when he was 22 years old. SkyGrid began building technology to create a way for people to see what information was traveling the fastest. As a result of this, Pomplun invented Information Velocity and was issued a United States Patent Aug 23, 2007. SkyGrid began as a real-time search service, then licensed it to the financial market, and now has returned to its original use to provide updates on information people are interested in.

Financials

Date Type Amount Investors Valuation
02/13/08 Series B 2.25M Scott Cook, Scott Cook, DFJ Unknown
08/06/08 Series B 11M RRE Ventures, BlackRock, Draper Fisher Jurvetson, Esther Dyson, Unknown

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