Mobile security company AdaptiveMobile has secured $14 million in a second round of funding led by Doughty Hanson. Noor Financial Investments and Intel Capital also participated in the round, reports Red Herring. AdaptiveMobile had previously raised $6 million. The new funding will be used for R&D and sales. The company sells its software to carriers so it can boost subscriber numbers by 20 million with one sale — it has 85 million subscribers and customers in the US, Africa, the Middle East and Asia Pacific.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_de2c6c3546e8cdea20f9221ce79881c2","wijax_f51de3f11f139e89d9e3843099a4cd6f"]
{"source":"https:\/\/gigaom.com\/2007\/06\/11\/419-adaptivemobile-gets-14-million-second-round-funding\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_1b7f2748372ebfe26184c9a38a9db22b","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2007\/06\/11\/419-adaptivemobile-gets-14-million-second-round-funding\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_1b7f2748372ebfe26184c9a38a9db22b","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post