Economics

Google Purchases Contact Sharing App Bump

Bump raised $20 million and was very popular but never found revenue

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After raising nearly $20 million and becoming one of the most downloaded mobile apps but failing to find real revenue, Bump Technologies has been acquired by Google. Its namesake app Bump lets you physically tap phones together to share contact info and more, and it will stay open for download. Congratulations might not be the right word, but Bump could have a bright future at the Googleplex.