Wakefield Group, Digital Turbine, Alerion Ventures, Piedmont Capital Partners
Sift is a spinout from Appia (which was acquired by Digital Turbine in March 2015) at the intersection of mobile and big data. In January 2016, Sift announced $3.25 million in funding led by Wakefield Group, with participation from Piedmont Capital, Alerion Ventures, IDEA Fund Partners, and several angel investors.
Successful Triangle entrepreneur Jud Bowman has launched his third startup, Sift Media. The company is a spinout of the publicly-traded Digital Turbine, which acquired his last startup, Appia, for $100 million. SEC filings indicate that Digital Turbine received a 10% stake in Sift and $1 million cash as part of the spinout. Bowman is excited […]
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