Cash-U Acquires, Raises $15m, Rebrands

Cash-U, a mobile technology and content solutions company based in Israel, has closed a $15 million round of financing led by Carmel Ventures and with participation of its current large investors Greylock, Pitango and Fidelity Ventures. In addition, the company announced that it has acquired Niragongo, a leading provider of solutions for mobile Internet and is renaming of the new integrated company, as Unipier
Cash-U’s solution for mobile entertainment service delivery will be compined with Niragongo’s Lava Smart Proxy. Lava Smart Proxy gives operators control over their mobile data service environment and provides easy implementation of branding and style-guides.
Some more details here….

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