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Article: Pontis Secures $19.65 Million in Equity Financing Led by Norwest Venture Partners.
- Article from:
- Business Wire
- Article date:
- February 10, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GLIL YAM, Israel -- Pontis Ltd, a developer of software marketing systems for Communication Service Providers (CSPs), today announced that it has secured a total of $19,650,000 in equity financing. Norwest Venture Partners (NVP) led the funding round, which included investments from current shareholders Sequoia Capital, Accel Partners and Evergreen Venture Partners. As a part of the investment, Dror Nahumi, partner at NVP, will join Pontis' board of directors.
The Pontis Marketing Delivery Platform (MDP[TM]) for mobile, TV and fixed line operators is the only real time fulfilment and execution system for personalized and contextual marketing offers across ...
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