Mobile technology company MBlox took its overall funding to more than $130m following a $43.5m Norwest-backed capital raise.
US-based mobile technology firm MBlox has raised $43.5m in financing from investors including Norwest Venture Partners, the venture capital firm backed by bank Wells Fargo.
Other participants in the financing were Horizon Technology Finance and VC firms Scale Venture Partners, Trident Capital, Saints Capital and Armentum Partners.
MBlox claims to be the largest global provider of application-to-person text messaging services. The company provides an engagement platform for mobile devices that enables marketers to deliver targeted coupons and promotions to mobile phones, which…
