IMImobile Raises $13 Million in Second Round of Funding from Sequoia Capital and First Mark Capital « Tech Blog of Global and Indian Companies: Gajeebo

IMImobile Raises $13 Million in Second Round of Funding from Sequoia Capital and First Mark Capital

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.

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This entry was posted on Friday, November 13th, 2009, 7:30 pm and is filed under Technology News. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

Tech Blog of Global and Indian Companies: Gajeebo