Urban Airship, Tello and the Power of Community

As a founder and investor, it’s a thrilling moment when a company in your portfolio is acquired by a forward-thinking, market-leading company. It’s even better when that company is also in your portfolio. Make that even better when that portfolio company is Urban Airship, which we lovingly call “Urban Rocketship.”

True companies Urban Airship and Tello announced yesterday that Urban Airship has acquired Tello for its Apple Passbook management product for developers. It’s a beautiful new partnership, as both companies are doing amazing work around providing infrastructure services to the fastest growing ecosystem of our time: the mobile web. Urban Airship is a market leader in push notification services, and Tello recently launched PassTools to help developers reach and engage customers with Apple Passbook.

But even more exciting for us at True is how this connection came about. Tello Founder Joe Beninato and Urban Airship Founder Scott Kveton met at True Founder Camp, and Scott became interested in partnering with Tello after Joe posted about Tello’s PassTools launch to the True Founder community. It’s proof to us that connecting brilliant people is just as important as anything we do at True.

Our mission at True Ventures is to make the world a better place for entrepreneurs. Bringing our Founders together to learn, share, connect and build relationships is a huge part of that. It’s powerful.

Tello and Urban Airship’s awesome new partnership is just one example of why we focus so much on our Founder community.

Joe, Scott, and the teams at Urban Airship and Tello: Congratulations!

Read more about Urban Airship and Tello in Forbes, TechCrunch, Mashable and The Next Web.