SAN RAMON, Calif.—MobileWay Inc. announced it has received $27 million in its second round of venture funding.
This funding, which adds to the $9 million secured in the company’s first round, was led by Mayfield and also includes 3I, Investcorp, Citigoup and Vertex Management.
“MobileWay has already developed substantial global infrastructure and revenue generating services, leveraging the huge momentum in short messaging service,” explained Janice Roberts, general partner of Mayfield and chairman of MobileWay. “It is our belief that the MobileWay platform provides the foundation for many new services and applications that will set new standards in wireless connectivity.”
