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 the 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 a 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 of 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 shareholder.
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.”
Currently, one of our applications, "Chicago Local Guide" is the finalist in the Apps 4 Metro Chicago contest http://www.appsformetrochicago.com/ please support us by voting which starts on December 6, 2011.
