Mobliss Brings In New Japanese Investors

Mobliss, the Seattle-based mobile content applications firm which is trying to restructure and do a turnaround, has received some new funding from “an investment fund created through a partnership of Japanese holding companies”. Index Corp, the Japanese mobile content giant which owns Mobliss, has probably divested some of its stake as a result…no word on who the exact Japanese investors are, though the new fund is managed by Index, and the company refuses further details.
This follows the appointment of industry vet Jim Merrick as the new CEO of Mobliss last month.
Also from the company statement: “The new funds are timed with Index Holdings’ announcement of a new company initiative to increase the utilization and global distribution for their numerous intellectual properties across emerging platforms.” What does that mean?
Related:
Summer Cleaning: CEO Out at Mobliss; Digital Chocolate Layoffs
Jim Merrick To Head Mobliss

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