mBlox has raised US$25mn to accelerate its new product roll-out and extend its global footprint. The equity investment was led by new investor Trident Capital, a US$1.5bn Silicon Valley Venture Capital Fund, and supported by existing mBlox investors including BA Venture Partners, Norwest Venture Partners, Novus Ventures and Avanti Capital Ltd. mBlox provides message delivery and mobile billing services to businesses worldwide.
www.mblox.com