The investment will allow CyberWalkAbout.com to expand and improve its already impressive portfolio of applications and mobile services. Services will include mobile design, development and subscription-based services developed by the company. The investment is designed to give CyberWalkAbout.com a competitive edge and runway for at least one year.
As a part of the deal Uki D. Lucas will step up to chief executive position to utilize his extensive experience in start-up management, social marketing, design and technology architecture. Lucas is coming from Sears Corporation where he served as mobile architect. Prior to that he served four years as principal at Revere Group, NTT corporation and three years as director of technology at ADEXS, Inc., as well as in multiple other ventures.
CyberWalkAbout applications have achieved their current state of beautiful design and quality under the leadership of Natalia Cantemir (president and art director) and her team composed entirely from hand-picked European designers and developers. Cantemir, a designer with more than eight years of experience will step up to the position on the board of directors and remain a major share holder.
CouponCabin.com, founded in 2003 by Scott Kluth will become CyberWalkAbout's major client. CouponCabin.com is a leader in online coupons, boasting more than 100,000 coupons and deals for more than 3,500 retailers.
“We are excited to partner with such a nimble agency to help us create and grow the CouponCabin.com mobile platform,” said Kluth. “As technology improves, mobile shopping has increased in popularity and we are thrilled to offer our users an additional way to save money while also creating a new revenue stream.”
About CyberWalkAbout, Inc.
CyberWalkAbout.com is a mobile strategy, design and development studio based in Chicago, specializing in state-of-the art user experience and design for Android, Mobile Windows and Apple iOS mobile devices. We are proud owners and creators of over dozen application spanning multiple platforms as well as many white-label projects. We are working very closely with development community by organizing and sponsoring local GTUG (Google Technology User Group) and Chicago Android events. We are also authors of the "Roadmap for Mobile Business", an ebook available on Amazon and Barnes & Noble.
Currently, one of our applications, "Chicago Local Guide" is the finalist in Apps 4 Metro Chicago contest http://www.appsformetrochicago.com/ please support us by voting which starts on December 6, 2011.
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