Monday, June 6, 2011

Mblox Finds $13.84M, Targets $25.0M

The round announced earlier this year by Sunnyvale-based mBlox appears to have raised $13.84M for the firm, with a target of $25.0M, according to a regulatory filing by the firm today. The firm announced, but did not provide details of a round in April from Norwest Venture Partners, Scale Ventures, Novus, Trident, Avanti, and Singapore fund EDB Investments Ptd Ltd. At that time, the firm said the funding was coming via three separate closes. mBlox provides mobile billing and other related mobile transaction services. More information »