Covigo

About Covigo

Founded in 1999 and formerly known as PhoneSpan, Covigo operated in the enterprise software sector, specializing in mobile middleware and application development. Based in Menlo Park, California, the company developed a multi-channel application platform that enabled IT organizations, system integrators, and enterprise software vendors to build, deploy, and analyze mobile applications. This platform was designed to address the complexities of wireless technology, helping clients reduce costs and increase productivity.

Covigo's core offering was its software platform that facilitated the deployment of applications across various channels, including web, wireless, and voice, utilizing Java, J2EE, and J2ME standards. The product suite included the Covigo Mobile Application Engine, which served as the server software, and Covigo Insight, a tool for reporting and analysis that monitored wireless user activity and transaction data. This technology provided messaging, content, and transactional services over mobile devices. The company's business model centered on providing this robust software platform to its clients, which included notable names like CMG Wireless and the State of Texas.

Throughout its operation, Covigo secured significant venture capital backing. The company raised a total of $19.7 million through multiple funding rounds. A notable Series B round on January 8, 2002, raised $4 million with participation from investors such as Norwest Venture Partners and Nokia. Other investors across its funding history included Levensohn Venture Partners, Amicus Ventures, and NGP Capital. The company's trajectory culminated in its acquisition by Symbol Technologies on July 28, 2003, which was later acquired by Motorola.