LegiTime Technologies, Inc.

LegiTextTM

Conference
DEMO 08
Market Segment
Enterprise software and services
Funding Details
Seed Round, February 19, 2007: $190,000 MSBI Valorisation + Individual Investors Series A, February 20, 2007: $1.52 million MSBI Capital + Connecticut Innovations + Individual Investors
Competitors
No direct competitors. LegiText aims to replace current mobile messaging solutions and interfaces.
Product Description
As smartphones become the dominant communications platform for pro-sumers, LegiText transforms the mobile device into a more effective business tool. Using advanced algorithms that give each message context, LegiText reduces inbox clutter by allowing smartphone users to prioritize and manage their messages as they receive them, facilitates collaboration through the creation of on-the-fly messaging groups and improves the utility of SMS for business by keeping those conversations “official” in today’s highly-regulated business environment.
Market Opportunity
According to In-Stat Research, OS-based smartphones will grow at more than a 30% compound annual growth rate for the next five years globally, taking an increasing share of the overall phone market that is otherwise growing in single digits. The unit volume of smartphones globally also exceeds the unit sales for laptops.
DEMO Says
When was the last time you heard the phrase “professional SMS client”? Us either. So our ears pricked up when LegiTime boasted of an application designed to not only manage the messages you receive on your smartphone but to prioritize them as well. A groundbreaking tagging system makes it possible to determine legitimate and important messages without actually knowing the sender. It’s carrier-agnostic, fully integrated with your existing calendar and contacts and comes in both a prosumer and enterprise version. It’s about time we brought SMS out of the classroom and into the office.
Contact
Eric Strauss
estrauss@legitime.net
Company Address
191 Post Road West
Westport, CT 06880
Primary Phone
203-221-2868
Primary Fax
203-621-3158
URL
www.legitimetechnologies.com
Corporate Officers
Eric Strauss, CEO John Swain, Chief Science Officer William Grote, VP, Business Development

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Next Event: DEMO Fall 2011