Sunday, December 12, 2010

Mobixell Raises $10 Million for Mobile Optimization

Mobixell Networks raised $10 million in new funding led by Azini Capital and existing investors Escalate Capital, Intel Capital, and smac partners.

Mobixell Networks, which is based in San Jose, California, is a global provider of rich media, mobile internet and broadband solutions. Its flagship product, Mobixell Seamless Access, helps mobile operators to improve network efficiency and monetize data services. Seamless Access provides intelligent optimization techniques for media and video, including behavioral based optimization, caching, content aware transcoding, and network aware optimization (dynamic bit rate adaptation and automatic cell congestion detection).

"The funding strengthens Mobixell's financial stability assisting us in penetrating and realizing the growing markets of mobile Internet, mobile traffic management and mobile data optimization, as well as in furthering our commercial deployment worldwide," said Amir Aharoni, CEO and Founder of Mobixell. "Securing funding from our existing leading partners is a vote of confidence in the company's business, products, technology and its management."

See also