mBlox Ltd, Europe's leading short message services (SMS) provider has merged with MobileSys Inc., the premier U.S. provider of SMS to corporations. This merger creates a financially strong global player from two complementary leading mobile messaging companies.
As part of the transaction the combined company has raised $8 million to finance planned expansion. The round was led by Norwest Venture Partners and participants included Novus Ventures, Duff Ackerman Goodrich and Bank of America.
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