• Mblox

  Participated · Equity · Jul 2014

  mBlox is the largest global provider of application-to-person (A2P) mobile messaging and is described as the industry’s most experienced Tier One SMS aggregator. The company specializes in large-scale mobile messaging programs and carries mission-critical traffic for customers. It positions itself as providing reliable, uncompromising connections that help clients create positive brand experiences and build loyal customers. mBlox said it will be aggressive in making strategic investments to reaffirm its leadership position and drive the industry forward. To fund continued growth of its global business, the company completed a $43.5 million capital raise. Armentum Partners advised mBlox during this round of financing. mBlox is a Sunnyvale, CA-based mobile messaging company providing mobile engagement solutions to help brands, agencies and enterprises create connections with customers on mobile devices. Its network reaches more than 800 mobile operators worldwide and enables businesses to reach 6 billion devices. The company raised a $14M venture loan from NXT Capital Finance to fund strategic growth initiatives. mBlox said it intends to use the proceeds for growth and is hiring. Leadership includes CEO Tom Cotney and CTO Jonas Lindeborg. Its venture capital investors include Norwest Venture Partners, Scale Ventures, Novus, Trident, Avanti and new partner EDBI. mBlox operates a global mobile transaction network that accelerates mobile payments and enables rich mobile interaction and communication between brands and consumers. The company manages a network spanning more than 180 countries with over 650 mobile operator connections. In 2010 mBlox performed 4.4 billion mobile transactions, demonstrating significant scale of operations. Founded in 1999, the company positions itself as the world’s largest mobile transaction network. mBlox plans to use new funding to enhance geographic coverage through acquisitions and by establishing new territories, with a particular focus on the Asia‑Pacific region. The firm intends to leverage Singapore as an Asian hub and to develop new capabilities and services for international markets.

No current team members are available.