Sunnyvale, Calif. -- MBlox, a Sunnyvale-based provider of mobile transaction services, said on Thursday that it has landed $25 million in a new round of funding, led by new investor Trident Capital of Palo Alto. Previous investors BA Venture Partners, Norwest Venture Partners, Novus Ventures and Avanti Capital also participated in the round, which the company plans to use to accelerate the rollout of new products and extend its global footprint with acquisitions in Europe and Asia. mBlox provides message delivery and mobile billing services to business, processing over 1 billion mobile business transactions worth approximately $400 million last year.
http://www.mblox.com/mblox/news/p_022306.asp
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