Synchronica brings 2008 funding to $7.5 million
Synchronica, an international provider of mobile email and synchronization solutions, has raised an additional $3.9 million to further fund its push into emerging markets with its mobile email and backup solutions. Its Mobile Gateway enables operators to offer push email on mass-market handsets for both consumer and business users, while Mobile Backup offers a backup and restore service for the personal information stored on devices.
This latest placing of new shares to institutional and private investors is in addition to the funding in January and brings the 2008 investment in the company to $7.5 million. The funds will be used primarily to expand Synchronica's sales and support functions in emerging markets including Middle East, Africa, Asia and Latin America.
Commenting on the funding, Carsten Brinkschulte, Synchronica's CEO, said: "This new round of funding is important because it allows us to continue to strengthen our efforts in emerging markets. We have a robust pipeline of prospects in these regions and a first rate solution that truly offers mobile email for everyone, regardless of which phone they use. With these funds, and our recent announcement of the strategic partnership with Brightstar to distribute Mobile Gateway in over 50 countries across six continents, we are well positioned to offer mobile operators a ‘Blackberry for the rest of us'."
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