Wireless - Wednesday, March 29, 2006
Empower Gets $18M for SMS Applications
Empower has raised a $18M round of funding that was led by Scottish Equity Partners and supported by existing investors Argo Global Capital, Cazenove Private Equity, DN Capital and IDG Ventures Europe. The news follows from an 80% increase in revenues for 2005.
Empower designs messaging and multi-media systems for mobile operators that provide for billing and managing of high volume SMS and MMS applications.
The company was founded in 2000 and has mostly European customers including Orange, WIND, Smart, Starhub, Telkomsel and Etisalat.
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