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MobileAccess completes $6m financing round.
(From Israel Business Arena)
Byline: Ofer Levi
Sources inform "Globes" that MobileAccess Networks yesterday completed a $6 million financing round from its existing investors, including Poalim Ventures, Pitango Venture Capital, and HarbourVest Partners. Although the round was an internal one, it took place at a higher company value than the $15 million, before money, at which the company raised money eighteen months ago. The current round is believed to have taken place at a value of $30 million, before money.
Formerly Foxcom Wireless, MobileAccess was founded as a spin-off of OnePath Networks. The company underwent a shakeup in late 2002, …
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