Mobiplex develops mobile sports performance technology centered on its SwingTIP product, a Bluetooth-enabled 3D motion sensor that clips onto a golf club to capture real-time swing analysis. SwingTIP sends data to iOS and Android devices and to the MySwingTIP.com personal performance tracking website. The device is sold online and in-store at retailers across the U.S. and Canada. The company intends to use new capital to accelerate global sales growth and advance product innovation. Mobiplex was founded in late 2010 and is led by CEO and founder Vijay Nadkarni. The article reports total financing to date of $4.4M. Mobiplex develops mobile sports performance technology built on miniature wireless sensors and companion mobile apps. In September 2012 it launched SwingTIP, a Bluetooth-enabled 3D motion sensor that clips onto a golf club to capture, analyze and reproduce a golf swing in three dimensions. SwingTIP sends real-time visual and performance data to Apple iOS and Android devices and to the MySwingTIP.com personal performance tracking website. The company intends to use newly raised capital to accelerate global sales growth and fund product innovation for its platform. Founded in 2010 by CEO Vijay Nadkarni, Mobiplex sells SwingTIP through its site and via distribution partners including Amazon, Butler Golf, Golf Galaxy, PlayBetterGolf.com and others.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2013