Deals

MeLLmo raises $10M for enterprise analytics on the go

MeLLmo, developer of the mobile enterprise analytics suite Roambi, announced it has raised $10 million in its third round of funding from around 15 angel investors — though the company wouldn’t disclose which.

The application pulls in data from Salesforce, SAP and other enterprise-level analytics suites and translates it into a template user interface for mobile viewing. The application is available on the iPhone and the iPad. Surprisingly, it’s not available on Research in Motion’s BlackBerry, which dominates the enterprise mobile phone space.

“The operating system was so compelling that we were sure it was going to make it into the enterprise market,” said Santiago Becerra, co-founder of MeLLmo. “We wanted to be ready with software when that happened, and that’s exactly what happened.”

While the iPhone hasn’t enjoyed the success that Research in Motion has had in the enterprise space, it’s still seen some decent adoption. Not including activations of RIM’s BlackBerry line, the iPhone 4 accounted for more than 30 percent of mobile device activations for enterprise purposes, and more than 10 percent of activations were iPads.

MeLLmo has two options for its Roambi mobile application — one for large businesses and one for smaller ones. Smaller businesses that aren’t concerned with security risks can upload their enterprise data to remote cloud servers that will package it for the Roambi application. Roambi can also be installed on an in-house server for larger businesses that can’t switch to cloud servers for any number of reasons.

The Roambi visualizer app is free. There are two versions of Roambi service with different pricing. Roambi Pro connects to Google Docs, Salesforce and Excel spreadsheets and is available for $99 per user per year. Roambi ES3 is the enterprise version that connects to all the enterprise data sources. Pricing for ES3 starts at $795 per user with a minimum of 50 users.

The company was founded in 2008 and has around 61 employees. It raised $10 million across two earlier fundraising rounds, bringing its total funding to $20 million.

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