moTwin Receives $2,700,000 New Funding

  • Feed Type
  • Date
    9/5/2013
  • Company Name
    moTwin
  • Mailing Address
    1530 Page Mill Road Palo Alto, CA 94304
  • Company Description
    moTwin, formerly Mootwin, is a fast-growing trusted provider of industry’s only true real-time context-aware mobile middleware platform for high-performance applications with out-of-the-box connectors to back-ends. moTwin enables enterprises to develop, deploy, and operate mobile applications for customers in the fastest time with user friendly features.
  • Website
    http://www.motwin.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,700,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the funds for international expansion, including adding additional sales and support resources to its Palo Alto office.
  • M&A Terms
  • Venture Investor
    Seventure Partners
  • Venture Investor
    Sigma Gestion
  • Venture Investor
    Naxicap Partners