Tech Company Financing Transactions
mFormation Technologies Funding Round
On 5/25/2007, mFormation Technologies raised $20 million in investment from QuestMark Partners and EPIC Ventures.
Transaction Overview
Company Name
Announced On
5/25/2007
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
QuestMark Partners (Lead Investor) (Benjamin Schapiro)
Proceeds Purpose
"We are pleased to welcome QuestMark Partners and Wasatch Cross Creek Capital as Mformation investors, in a round intended to strengthen the balance sheet of the company, and fund new initiatives as our core business continues to accelerate", said Mark Edwards, Mformation's CEO.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
379 Thornall St. 10th Floor
Edison, NJ 08837
USA
Edison, NJ 08837
USA
Phone
Website
Email Address
Overview
mFormation Technologies Inc. is the leading provider of mobile device management software, offering a complete solution that enables mobile operators to rapidly accelerate their data revenues and reduce support costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Wood
Chief Technical Officer
Rakesh Kushwaha
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