Numecent Receives $13.6 Mln

Numecent, a provider of cloudpaging solutions, said on Wednesday that it has closed $13.6 million in a major funding round. The lead investor was T-Venture, the venture capital division of Deutsche Telekom. According to Numecent, the funding will be used to support the rapidly growing business of the company and to make cloudpaging available on a slew of mobile platforms. A portfolio company of Endeavour Ventures, a London-based venture capital firm, Numecent is based in both Irvine, Calif. and the U.K.

29 May 2013•4 mins read
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