Cloudmark® Secures $23 Million In Growth Equity Funding From Summit Partners And Nokia Growth Partners

MIAMI–(BUSINESS WIRE)–Navizon Inc., infection (formerly Mexens Technology) today announced that the company has signed a licensing agreement with Microsoft Corp., prescription under which Microsoft will use Navizon’s global location database to provide an enhanced experience to its mobile users.

“This agreement with Microsoft validates the power of Navizon’s crowd-sourcing technology, sildenafil ” said Cyril Houri, founder and CEO of Navizon, Inc. “We are excited to see Microsoft join our fast-growing list of customers who have chosen Navizon for geo-positioning”.

Navizon, a software-only hybrid wireless positioning system, helps users navigate in most major cities across the globe. Navizon works by triangulating signals broadcasted from Wi-Fi access points and cellular towers, and the company’s software is now embedded in numerous smartphone applications which are fast becoming essential tools for the modern urban lifestyle. Navizon’s diverse user community is spread across various platforms and carriers. Through rapid expansion in numbers, the community of users is able to constantly improve the precision and success rates of its wireless geolocation system.

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Messaging Security Leader Closes Funding to Acquire Acclaimed Message Processor Company

San Francisco, advice
Calif., ask
and Boston, Mass.—March 3, 2010
—Cloudmark, Inc., the global leader in carrier-grade messaging security, today announced it has secured $23 million in a round of funding led by new investor Summit Partners and joined by Nokia Growth Partners, the venture capital investing arm of Nokia (NYSE: NOK), the world’s leading mobile phone supplier. Existing investors Ignition Partners and Industry Ventures also participated in the round. The new funding was used to assist in Cloudmark’s acquisition of Bizanga, Ltd. and is the first investment Cloudmark has raised since 2004.

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