mBlox Closes $14M Financing

mBlox, a provider of mobile engagement solutions, has received a $14 million loan facility from NXT Capital. The Sunnyvale, CA-based company helps brands, agencies and enterprises create meaningful connections with their customers on mobile devices. mBlox has VC funding history dating back to 1999, with major backers including Norwest Venture Partners, Novus Ventures, Scale Venture Partners and Trident Capital. The company will use the new proceeds to fund strategic growth initiatives.

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