Monday, December 13, 2010

Mobixell Raised $10M - Expects Sales of $40M in 2011

TheMarker reports today (here, Hebrew) that Mobixell (see recent posts - here, here and here) completed a $10M funding round from existing investors.

Amir Aharoni, Mobixell's CEO (picture) told Themarker's reporter Guy Grimland: "We grew from a small startup to a medium-size company with sales of $30M a year, following the acquisition of 724 solutions [here] .. we sell mainly in central Europe and some in India, China, Indonesia, Russia and East Europe .. our goal is to reach revenues of $40M in 2011 and $50-60M in 2012".

No comments:

Post a Comment