Ecrio, Inc.

Profile Information

DEMO Spring 2008
Market Segment
Consumer Devices
Funding Amount
Product Description
MoBeam uses a light source on a keychainbased device to duplicate the sequencing of a standard barcode. A standard laser scanner— like those in use in over 35 million retail locations in the US—interprets those light beams as it would the reflection of a p
Funding Round
Funding Details
Founded in 1998, Ecrio has received venture backing from the U.S., Japan and Europe: Aplix Corporation, CDB Web Tech, CSK Venture Capital, JAIC, Mitsubishi UFJ Capital, Nexit Ventures, Noventi/CIR Ventures, NTT DoCoMo and Visa Inc. In September 2007, the c
Valassis NewsCorp CMS Traditional paperbased coupon ecosystem
Market Opportunity
The industry-standard redemption rate for printed coupons is less than 2%. Empirical data from the nascent mobile coupon market has yet to be published; some mobile coupon vendors report 10-25% redemption rates. Frost & Sullivan report that some retailers

Company Contact

Company Address
20450 Stevens Creek Blvd. Suite 250
Primary Phone
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