|By PR Newswire||
|December 21, 2012 08:30 AM EST||
NEW YORK, Dec. 21, 2012 /PRNewswire/ -- Mobile technology startup bMobilized (http://bMobilized.com) today announced an additional $2.5 million in Series A funding from Norway's Alliance Venture, Investinor and Alden AS, which together had invested $1.5 million in the New York startup last April.
bMobilized's cloud-based do-it-yourself technology platform lets small and medium businesses instantly convert their websites into customizable HTML5-enabled mobile sites that look and work great on any mobile device, OS and browser. The current technology platform, which launched in May, now works in eight languages and costs just $9/month including set-up and maintenance.
Both Alliance Venture and Investinor specialize in privately held, early stage technology companies seeking to expand internationally. Alden AS is a well-known and successful Oslo-based venture capital company that invests in a range of industry sectors. They are pleased to continue their support of the bMobilized team given the size and growth of the market, the company's patented technology and its 400% growth in customers since May.
The additional funding will allow bMobilized to invest in resources to better capitalize on current market momentum and further develop its end-to-end solutions platform to help SMBs better engage mobile customers. This will include overseas market expansion, new feature-rich functions, an API for large-volume partners and a pure white label solution.
"The confidence these investors have shown in bMobilized is further validation that our technology and unique market position can meet the explosive demand from SMBs to jump on the mobile bandwagon," said bMobilized CEO Ben Seslija. "Our platform makes it simple for businesses to accomplish this once complex and costly task."
The business need for a service like this is clear when one considers that the number of smartphones in use worldwide totaled 1.03 billion in Q3 2012, a 47 percent increase from Q3 2011. By 2015, that number is predicted to double to 2 billion, according to research by Five Star Equities. U.S. smartphone ownership reached 51% in September (119.3 million users), up 8% since June according to ComScore.
Still, an SMB DigitalScape study of two million small business websites found that 98% of SMBs still do not have sites optimized for the dominant mobile operating systems: Android, iOS, BlackBerry, Windows and Symbian.
Under development for more than two years, bMobilized's patented technology produces a mobile experience that better reflects the original website's graphic look and feel -- with more functionality -- than any other mobile conversion technology available today. The Automatic Content Identifier (ACI), contains more than 300 algorithms to analyze, detect and convert all parts of a website into an HTML5 mobile version in less than 30 seconds.
The technology also offers more than 30 individually customizable features that enhance mobile engagement, e.g., a contact bar, maps, social sharing buttons, product promo window on home page, etc. bMobilized also makes it easy for companies to promote and market their products and services via Google AdWords, QR Codes, and in-app ads. The mobile site requires little or no maintenance.
Headquartered at 670 Broadway in New York City, bMobilized (http://bMobilized.com) is a global pioneer in DIY website-to-mobile conversion that offers small and medium businesses the most advanced, easy-to-use and cost-effective mobile site creation tools in the marketplace. The company was founded in 2005 in Oslo, Norway and relocated to New York in 2010 where it currently has 15 full-time employees.
About Alliance Venture
Alliance Venture (http://www.allianceventure.com) is a venture capital firm managing venture funds investing in privately held, early stage technology companies. Total funds under management are 430 MNOK (about $75 million).
Alliance Venture was formed in 2001 by a team of experienced executives with a good balance between operations and business, applied research, entrepreneurial and financial background that enables efficient investment evaluations and active follow-up. This is supported by a network of strategic partners who contribute with know-how, deal flow, due-diligence, co-investments and partnerships for the firm's portfolio companies.
Investinor is a government-funded investment company. It invests venture capital into highly competitive and promising Norwegian companies aiming for international growth and expansion. Investinor manages NOK 3.7 billion (mEuro 460) under a mandate from the Norwegian Parliament (Stortinget) and invests on the same terms and conditions as private investors, with a clear exit strategy for all investments.
Investinor is one of the major venture investment companies in Norway, both in terms of manpower and capital under management. Its team has a superior overview of the market and attracts high quality dealflow. Investinor's team is a value adding mixture of engineers and business professionals with industrial and entrepreneurial experience.
Alden is a private investment company based in Oslo, Norway. It invests in a range of asset classes across many industry sectors. Since its inception, Alden has had a strong focus on venture capital investments to which, in addition to providing capital, offers access to the firm's comprehensive network of resources. The company often co-invests with several of the leading venture capital firms in the Nordic region.
Flatiron Communications LLC (for bMobilized)
Google Voice: 516-308-1120
This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
Oct. 13, 2015 12:30 PM EDT
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll share tips on how to speed up business initiatives, harness Big Data and remain one step ahead by apply...
Oct. 13, 2015 12:00 PM EDT Reads: 745
There will be 20 billion IoT devices connected to the Internet soon. What if we could control these devices with our voice, mind, or gestures? What if we could teach these devices how to talk to each other? What if these devices could learn how to interact with us (and each other) to make our lives better? What if Jarvis was real? How can I gain these super powers? In his session at 17th Cloud Expo, Chris Matthieu, co-founder and CTO of Octoblu, will show you!
Oct. 13, 2015 12:00 PM EDT Reads: 278
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
Oct. 13, 2015 12:00 PM EDT Reads: 205
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target - this makes the integration of these separate pipelines and the coordination of software upd...
Oct. 13, 2015 12:00 PM EDT Reads: 411
As a company adopts a DevOps approach to software development, what are key things that both the Dev and Ops side of the business must keep in mind to ensure effective continuous delivery? In his session at DevOps Summit, Mark Hydar, Head of DevOps, Ericsson TV Platforms, will share best practices and provide helpful tips for Ops teams to adopt an open line of communication with the development side of the house to ensure success between the two sides.
Oct. 13, 2015 12:00 PM EDT Reads: 692
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context w...
Oct. 13, 2015 11:00 AM EDT Reads: 302
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, will explore the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Oct. 13, 2015 11:00 AM EDT Reads: 317
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 13, 2015 10:00 AM EDT Reads: 248
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server, storage technology and green computing, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermi...
Oct. 13, 2015 09:30 AM EDT Reads: 203
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 13, 2015 07:00 AM EDT Reads: 6,011
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
Oct. 13, 2015 04:00 AM EDT Reads: 682
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Oct. 13, 2015 03:00 AM EDT Reads: 258
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete end-to-end walkthrough of the analysis from start to finish. Participants will also be given the pract...
Oct. 13, 2015 03:00 AM EDT Reads: 407
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
Oct. 13, 2015 12:45 AM EDT Reads: 852
Electric power utilities face relentless pressure on their financial performance, and reducing distribution grid losses is one of the last untapped opportunities to meet their business goals. Combining IoT-enabled sensors and cloud-based data analytics, utilities now are able to find, quantify and reduce losses faster – and with a smaller IT footprint. Solutions exist using Internet-enabled sensors deployed temporarily at strategic locations within the distribution grid to measure actual line loads.
Oct. 13, 2015 12:00 AM EDT Reads: 273
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 12, 2015 11:15 PM EDT Reads: 7,128
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, along with new ways to engage with users.
Oct. 12, 2015 06:00 PM EDT Reads: 262
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
Oct. 12, 2015 05:30 PM EDT Reads: 1,227
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Oct. 12, 2015 03:00 PM EDT Reads: 1,489