Skydeck, an online service that lets consumers track their cell phone calls and text messages, has raised $3 million in a series A round from Saban Ventures, the VC arm of private investment firm Saban Capital Group Inc.
The deal brings total investment in the one-year old Silicon Valley startup to $4 million. It previously had raised a $1 million angel round.
The investment is the first for Craig Cooper since he joined Saban Ventures. Cooper was hired by Hollywood financier Haim Saban to start the unit earlier this year and invest in the wireless, new media and broadband Internet sectors. Cooper cofounded a few mobile phone startups and was subsequently was a VC at SoftBank and VantagePoint Venture Partners, where he invested in several companies including mobile entertainment startup Thumbplay Inc. and voicemail technology provider YouMail Inc., according to a Skydeck blog post from CEO Jason Devitt.
Cooper, along with I-Hatch Ventures founder and general partner Chip Austin, have both joined Skydeck's board.
Skydeck's online service combines users' call records with their address books to, as the company puts it, remind you "who called you last week, who you need to call next and who never calls you back." -- Olaf de Senerpont Domis
See Sept. 29 press release on Series A from Skydeck
See Sept. 29 post from Skydeck blog
Continue reading below