mBlox Completes $43.5M Funding

mBlox_PRES1mBlox, a Sunnivale, CA-based global provider of application-to-person (A2P) text messaging, completed a $43.5m round.

The company intends to use the funds to for the continued growth of its global business.

Backers included Comerica, Horizon Technology Finance Corporation (Nasdaq: HRZN), Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratim Capital and Saints Capital.

Led by Tom Cotney, CEO, mBlox provides a mobile engagement platform that allows companies to reach individuals on virtually any mobile device worldwide with SMS, push and rich push messaging. Its solutions enable intelligent B2P (business to person) communications with relevant, targeted messaging that’s triggered by a customer’s location and activity.
Its network services power a wide range of customers, including financial institutions, retail, transportation firms, entertainment & media companies, and consumer brands.
The company is hiring.

FinSMEs

07/07/2014

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