Mformation Technologies Inc., an Edison, New Jersey-based global provider of mobile device management (MDM) technology, has received a US$8m venture debt financing from Wellington Financial LP.
As stated by President & CEO Todd DeLaughter, the financing will support the expansion of the company to expand and increase its rate of innovation.
Mformation software solutions enable mobile operators, managed service providers and enterprises to remotely manage and secure data and applications on over 25,000 types of mobile devices.
In details, its Mformation Service Manager (TM) suite provides solutions for mobile device provisioning and configuration, firmware upgrades, application management, diagnostics, security management, lock and wipe, and customer experience management for both operators and enterprises.
The company is backed by venture capital and strategic investment firms, including Battery Ventures, Carmel Ventures, North BridgeVenture Partners, Intel Capital and Visa International.