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  • Mobio Technologies Secures Convertible Debenture Funding

26th March 2012

Mobio Technologies Secures Convertible Debenture Funding

mobioConsumer marketing and technology firm Mobio Technologies, Inc. announced yesterday that the company has secured $3,000,000.00 in convertible debenture funding led by Rho Canada, Naavon and Round Table Services. This investment will help fuel the Company’s development of Mobio INsider, their consumer marketing platform and online service.

Mobio INsider provides influencers, such as music artists, with a platform through which they can engage and monetize large social media followings. The solution rewards consumers with exclusive access to pictures, videos, events and offers in exchange for engaging with the artists they love.

“As Mobio moves quickly into the music segment, this investment makes it possible for us to expand our solution so that fans, artists and their corporate partners all succeed,” said Clovis Najm, CEO, Mobio Technologies.

“There is a significant market opportunity in advanced social media engagement and Mobio is well positioned to be the leader in this space. We are thrilled to be able to continue to support the company in this pursuit,” said Jeff Grammer, Partner, Rho Canada.

This entry was posted on Monday, March 26th, 2012 at 6:17 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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