Television

mFormation plans expansion in India

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BANGALORE: mFormation Technologies Inc, the provider of mobile device management solutions, has announced the opening of its new facility in Bangalore which will also serve as the company's headquarters.

It will be one of mFormation's three main hubs for product development and will provide professional services and support for customers across the globe.

The Bangalore office has also setup a global Interoperability test centre and enabled device vendors to test their devices against the mFormation product for OMA standards compliance. mFormation is on course to grow the India team to 200 people over the next few years. Moving into the new facility is part of mFormation's growth strategy to expand it's human capital to meet growing global customer demands, states an official release.

mFormation Technologies Inc. CEO Mark Edwards says, "Mobile communication devices and networks are no longer exclusive for simple voice calls. They have grown from e-mailing & gaming to become a full fledged corporate computing device. It's imperative for mobile operators to adopt cutting edge technology to streamline their data services strategy and secure incremental revenues."

mFormation has drawn in a total investment of about $50 million, after closing a Series D round of $24.5 million in April 2006. In the initial series D funding, the company had raised $15.3 million from the same investors. Existing investors Alex Brown Venture Partners, Battery Ventures, Carmel Ventures, Intel Capital and North Bridge Venture Partners participated in this financing, adds the release.

mFormation Technologies Inc. is a provider of mobile device management software, offering a solution that enables mobile operators to rapidly accelerate their data revenues and reduce support costs. mFormation's market-leading mFormation Sevice Manager Suite is a comprehensive over-the-air device management software solution in the industry.A modular solution, the suite enables mobile operators to remotely configure settings and new services, diagnose faults, update firmware and software, monitor customer experience and secure device content throughout the subscriber lifecycle.

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