Sequoia Capital invests $3M in iPhone app developer Bump

Bump Technologies, the startup responsible for the popular iPhone application Bump, has closed a $3 million financing round led by Sequoia Capital. While neither Bump Technologies nor Sequoia has yet confirmed the funding, TechCrunch reports that Bump was listed among 2009 investments featured on a Powerpoint slide during a recent presentation given by Sequoia Capital partner Greg McAdoo. The Bump app enables users to transfer data from one iPhone to another by literally bumping the two devices together.

For more on the Bump investment:
- read this TechCrunch article