Mobile email/sync company Synchronica acquires AxisMobile, raises $10M

August 18, 2008 | Anthony Ha

Synchronica, a company that provides mobile email and synchronization, has acquired another mobile email company, AxisMobile, for $4.9 million in Synchronica shares. The company has also raised an additional $10 million in funding from new and existing institutional investors.

Royal Tunbridge Wells, U.K.-based Synchronica says the acquisition adds “email to SMS” and “email to MMS” functionality to its Mobile Gateway software, while the new funding will allow it to grow in emerging markets like China, Africa, the Middle East, Eastern Europe and Latin America. The Mobile Gateway software provides push email, as well as calendar and contact synchronization.

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About the Author, Anthony Ha

Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.