| |
IMImobile Raises $13 Million in Second Round of Funding from Sequoia Capital and First Mark Capital
13 Nov 2009
IMImobile, mobile and online value-added services provider, has raised $13 million in a second round of funding led by Sequoia Capital and existing investor First Mark Capital.
The new financing will enable them to develop their cloud infrastructure for Tier 1 telecom operators and allow them to expand their customer base and account penetration through acquisitions.
This investment gives an opportunity to contribute to the fantastic growth path of IMImobile and also opens up significant inorganic growth possibilities for the company.
IMImobile, its services are currently accessible to 500 million subscribers of over 40 operator customers in 66 countries. Their customers include leading operators and media companies such as Airtel, Vodafone, Virgin Mobile, Google, Reuters and Yahoo.
Their product portfolio includes a core service delivery platform (DaVinci), mobile advertising platform (Ad-Ring), carrier grade messaging platforms and gateways, applications for data services, full track music download services and voice platforms.
Tags
imimobile, sequoia capital, first mark capital, funding
Visit http://www.imimobile.com/
|
Tell A Friend |
|
Facebook User Comments
|
|