PointGuard Ventures leads USD13m financing round for Movius
PointGuard Ventures has led a USD13 million financing round for Movius Interactive Corporation, an Atlanta-based specialist in mobile identities and converged messaging solutions.
New Enterprise Associates (NEA) and Anschutz Investments also participated in the round.
Movius is the first mobile investment from PointGuard's new fund, and will be used to fulfil and accelerate the company's global expansion associated with its next generation mobile applications platform known as CAFÉ (Communication Applications Framework Engine) and myIdentities.
"Over 150 global carriers have already partnered with Movius, and we have several major partnership announcements coming later this year," says Dominic Gomez, CEO of Movius. "Our market leading CAFÉ platform and myIdentities application are providing new, seamless multiple identity management solutions on a single mobile device, and this round of funding will help drive both market growth and innovation velocity for us. It's very rewarding to bring this prestigious group of investors on board to accelerate expansion and position the company for global leadership."
"Movius is already becoming a new industry standard almost simultaneously in support of a massive new global communications segment, and in fact their technology and leadership are helping to shape and define it as it is happening," says Krish Panu, managing director of PointGuard Ventures. "Movius' leadership continues to drive dynamic international market and revenue growth in the 'Identities as a Service' market, and harmonising the seamless management of personal communications in all aspects of an individual's professional and personal life. We couldn't be happier making Movius our first mobile investment and will be making additional announcements to our portfolio in the coming months."
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