Tuesday, January 24, 2006

Airwide Raises $25 Million for Mobile Infrastructure

Airwide Solutions, a start-up based in London, secured $25 million in Series D funding, for its mobile infrastructure software. Airwide supplies software to carriers for mobile messaging applications. Airwide is also active in the mobile security market, with more than 200 million mobile phones around the world secured by Airwide's fraud prevention products. Its customers include over 70 wireless operators worldwide.

The financing was led by a new investor, Advent International, with participation from existing investors Artiman Ventures, Axiom Venture Partners, Key Venture Partners, and Kodiak Venture Partners.


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