Funambol raises $12.5 million, scores deal with AOL
Funambol has raised $12.5 million in venture funding to fuel its open-source mobile messaging software business. On top of that, the company is announcing today that it’s landed AOL as a customer for its mobile synchronization software.
Funambol raised its second round from Nexit Ventures (which led), Castile Ventures, Walden International, and HIG Ventures. The new financing brings the total raised by the company to $25 million. The new funds will help the company expand in… Continue Reading