This document summarizes the history of a company from its incorporation in 2006 to being acquired by RIM in 2011. It went through several funding rounds totaling over $6.5 million, pivoted its product in 2008 to focus entirely on web services, and had steady growth reaching over 50 employees and millions in government grants before being acquired after building a large, active user base.

1. The storyMarc Gingras@mgingras

2. TimelineJAN 18, 2006 : IncorporationMay 1st, 2006 : First Line of CodeSPRING, 2007 : Out of Stealth, $1.5M RoundMARCH 2008 : PIVOT to All WebSEPT 2008 : $5M RoundAPRIL 26, 2011 : SOLD TO RIM

3. Lucky Break2008

5. Alignment

6. Hierarchy of NeedsEnhance ServicesMake MoneyReach Out – Marketing PushMake Tungle Very ViralSolve the Problem – Get Users ActiveValue is derived from buildingan active user base that we own

7. Focus on Product2009

9. Creating the BUZZ2010

11. The Exit2011

13. Miscalleneous Facts

14. 52 People Worked Full Time

15. 205 OS Components

16. 122 NDAs

17. MOVED 3X

18. 2.4M In Government Grants/Credits

19. 3 Floods

20. Number of Foosball Games

21. The story continues…Marc Gingras@mgingras