MeLLmo Raises $10M as Roambi Expands Compatibility

MeLLmo, the Del Mar, CA-based startup that specializes in visualization software for displaying business intelligence on mobile devices, says it has closed its third and biggest round of funding—$10 million from private investors. The company has now raised total funding of $20 million since MeLLmo was founded in January 2008.

As MeLLmo founder Santiago Becerra told me in 2009, the company initially focused on developing its Roambi (as in “roaming business intelligence”) graphics and visualization software for use on Apple’s iPhone. The company soon decided to broaden development of its Roambi app for other smart phones, although its business graphics and charts are still particularly impressive when displayed on an iPad or iPhone.

MeLLmo also moved to broaden the versatility of its enterprise server, which play the central role in connecting to an organization’s business-intelligence system, and preparing monthly sales figures and other data for display on Roambi-equipped mobile devices. In an announcement set for later today, MeLLmo says many organizations have invested in multiple business systems, so the company made its technology compatible with a variety of major business intelligence systems and data sources—including IBM, Microsoft, Oracle, SAP, Endeca, Google, and Salesforce.

“As the workforce becomes more mobile, MeLLmo is helping enterprises and small to medium sized businesses take full advantage of the iPhone and iPad as business tools,” Becerra says in today’s statement. “Our third round of funding will allow us to expand globally, delivering Roambi to a worldwide market. We will continue to develop strategic reseller, system integrator and technology partnerships with industry-leading companies, and invest in further enhancements to the unparalleled Roambi experience for viewing and interacting with business data on a mobile device.”

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.