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Norwest, Trident among largest investors in $43.6m round for SMS messaging company

8 Jul 2014

you-have-mail-899402-mNorwest Venture Partners, Avanti Capital and Trident Capital laid down some of the largest amounts in a $43.6m financing round for application-to-person text message provider mBlox.

Comerica and Horizon Technology Finance Corporation also invested in the business, which will be used to fund the growth of its global business.

mBlox is the biggest application-to-person mobile messaging provider in the world specialising in the demands of large-scale mobile messaging programs.

The company’s CEO Tom Cotney said, “Our partners have provided the necessary funding that allows us to continue investing in scalability and innovation.”

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