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Openview Development Forum

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Mobile internet presents an unrivalled opportunity to connect with ... Member of 'Claret Club' Teme Valley Business Angel Club (ABA) Angel investing for 4 years ... – PowerPoint PPT presentation

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Title: Openview Development Forum


1
July 2009 Presented by Rich Holdsworth, CTO
2
Mobile Internet
  • Most Mobile devices are now internet-enabled
  • Phones, PDA, games consoles
  • The possibilities are limitless
  • Mobile internet presents an unrivalled
    opportunity to connect with users on the move
  • The internet is NOT the mobile internet
  • Users browse the mobile internet with a different
    purpose
  • Mobile devices vary dramatically
  • Traditionally, building sites for all mobile
    browsers has been very difficult

3
Market
  • Mobile internet usages has doubled since 2006
  • Over 1.7 billion people to use mobile internet by
    2013 (source Juniper)
  • 122 UK Handset penetration (second largest to
    Italy at 154)
  • More than 15 Million users access the mobile
    internet every month in the UK (MDA)
  • 50 of people will regularly access mobile
    internet by 2010 (source Forrester)
  • Mobile advertising to reach 3 billion in 2008
    (ABI)
  • Mobile advertising will reach 19 billion by 2011
    (ABI)
  • The mobile payment market to hit 300 billion by
    2013 (source Juniper)
  • Current 24 3G penetration in UK

4
The Need We Satisfy
  • People demanding access to the internet via their
    mobile
  • But services are not yet delivering the same
    access to information people have come to expect
  • The desire to create a mobile internet site cost
    effectively and easily
  • The requirement to repurpose corporate data/
  • content onto a mobile handset
  • New, timely delivery of information to customers
  • Advertisers looking for new ways to reach
  • consumers and involve them in their brands

5
Product Overview
  • Wapple Canvas
  • Complete mobile website design and publishing
    platform
  • Web-based interface for creating advanced sites
  • Easy to use point-and-click controls
  • Full mobile marketing tools
  • Wapple Architect
  • WAPL XML based mark-up language
  • WAPL makes ANY web application mobile ready
  • Already acclaimed - .NET magazine
  • Wapple Exhibit
  • Optimizes mobile site pages for EVERY device
    (Canvas Architect)
  • Dynamic device profiler and delivery engine
  • Intelligent and organic
  • Preserves customer brand integrity!

6
Site builder self provisioning
7
Web to Mobile
8
Device Optimisation
9
How We Optimise
10
Brands on Wapple
11
July 2009 Presented by John Leftwich, Non Exec
Chairman
12
Who am I?
  • Member of Claret Club
  • Teme Valley Business Angel Club (ABA)
  • Angel investing for 4 years
  • Portfolio of 10 companies
  • 3 failures to date
  • 100s thousands invested
  • Rather than 10s or millions!
  • Formerly Corporate VP Microsoft

13
My criteria for investment
  • I understand the product/market
  • The business can scale
  • Company Management
  • Intellectual Property
  • Patentable ideally
  • Financial control
  • Very early stage

14
Wapple ....
  • I understand the product/market ?
  • The business can scale ?
  • Company Management ?
  • Intellectual Property ?
  • Patentable ideally
  • Financial control ?
  • Very early stage ?

15
Fundraising
  • 4 rounds to date
  • Combination of Angel and VC (AEGF)
  • The importance of the VC
  • Cash
  • Diligence
  • Documentation
  • Latest valuation 2x 2006

16
Application of funds
  • Software development
  • Finish the job!
  • Patent applications
  • Staff premises
  • Sales marketing

17
What did we bring?
  • Money
  • Expertise
  • Nick James, former Senior Counsel, BP Castrol
  • Kevin Caley, AEGF
  • Bill Andrewes, former Chairman Granada
  • John Leftwich, former Microsoft VP
  • Business contacts
  • Credibility (?)
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