Venture capital-backed cloud computer control company Soluto has reportedly been bought by Asurion in a deal which could be worth up to $130m.
Investors in the business include Giza Venture Capital, Bessemer Venture Partners, Index Ventures, Proxima Ventures Ltd and Founder Collective.
Soluto raised $1.6m of seed funding and $6.2m of Series A financing in 2009 and another $10.2m through a Series B round in 2011.
Techcrunch reported the deal had closed at between $100m and $130m, citing two separate sources.
The business began as a cloud-based platform to help people manage their own and other people’s devices, and has since expanded to enterprise mobile device management services.
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