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April 19, 2006
Mobeon Expands Investor Group
Mobeon, a Swedish mobile messaging software firm, raised $13 million this month from BrainHeart Capital and the Sixth Swedish National Pension Fund. The new capital injection splits the firm's shares now between Ericsson with 21 per cent, BrainHeart Capital with 49 per cent and Sixth Swedish National Pension Fund 30 per cent. Prior to this the firm was owned by BrainHeart and Ericsson only.
Mobeon sells its software to OEMs, both hardware and software firms, as well as network operators, to enable advanced messaging applications based on Internet Protocols, such as videomail, voicemail, and unified messaging services. The capital raised will be used for R&D, and some small acquisitions.
Read - Investing in Mobeon´s success (press release)
Posted on April 19, 2006 11:55 AM | Posted to Venture Capital | Wireless | Permalink
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