Mobiquity provides mobile engagement solutions that blend strategy, user-centered design and core technology to create mobile products and platforms. The company develops technology frameworks including a behavior change platform and recently launched a dedicated healthcare business unit. It intends to use new funding to make strategic hires across core business units and further develop its product innovations and technology frameworks. Led by founder, chairman and CEO Bill Seibel, Mobiquity has worked with more than 170 companies, including CVS, Fidelity Investments, Pfizer, The Boston Globe and Weight Watchers International. Founded in 2011 and based in Boston, MA, the company serves enterprise clients across healthcare, finance, media and other sectors. Financially, the company has raised $24M to date. Mobiquity creates mobile enterprise-class apps, including FanShots, a mobile “photo booth” for sporting arenas, and Velocity, customizable software for live meetings, events and training sessions acquired from Vertical Performance Partners. The company serves Global 2000 clients across pharma and healthcare, retail, financial services, and travel and hospitality, with customers such as CVS, Fidelity Investments, MetLife, the New York Post, Putnam Investments, The Boston Globe and Weight Watchers International. Founded in 2011 and led by founder, chairman and CEO Bill Seibel, Mobiquity operates multiple U.S. offices in Atlanta; New York; Philadelphia; Providence; San Francisco; Waltham; and Wellesley. It partners with SAP to help customers develop and implement mobile strategies and applications that optimize enterprise solution investments. The company intends to use the new capital to expand geographically and to continue investing in its product portfolio. Financially, Mobiquity has raised $17M to date, including the $12M Series B announced in this round. Mobiquity provides user-centered mobile strategy, UX design, development, deployment and management services for enterprise clients. Launched in April 2011 by Bill Seibel and Dr. Scott Snyder, the company has grown to more than 100 employees. It operates four offices in Wellesley, MA; Philadelphia, PA; Providence, RI; and San Jose, Costa Rica. Mobiquity works with over 70 mobile brand leaders, including the New York Post, Weight Watchers, Boston Scientific and MetLife. In February 2012 the company secured a $3M credit facility from Comerica Bank’s Technology & Life Sciences Division. It plans to use the funds to expand into additional geographies and to focus on verticals such as mHealth, financial services and insurance, media and entertainment, and travel, transportation and hospitality, and is continuing to hire to support growth. Mobiquity is a Boston-based, strategy-led, implementation-driven mobile computing professional services firm focused on architecting, developing and deploying custom mobile solutions for Global 2000 clients. The company was co-founded by CEO Bill Seibel and President and Chief Strategy Officer Dr. Scott Snyder. Mobiquity offers a broad range of services including mobile business strategy, experience design for mobile devices, mobile technology development and deployment, data and analytics, and mobile security services. In March 2011 Mobiquity raised $5M in a Series A financing. Investors in the round include Longworth Venture Partners and Sigma + Partners. As part of the financing, Paul Margolis (Partner at Longworth Venture Partners) and Robert E. Davoli (Managing Director at Sigma + Partners) will join the company’s board of directors.

Total raised

$25M

Funding rounds

4

Latest round

Series B

Latest activity

Aug 2014