Vancouver's Mobio Technologies Secures $3 Million in Convertible Debenture Funding

Posted by Knowlton Thomas

Vancouver-based startup Mobile Technologies has secured $3 million in convertible debenture funding. Mobio, a consumer marketing and technology firm, raised the money from Rho Canada, Naavon, and Round Table Services. Mobio will use the investment to fuel its development of Mobile INsider, a consumer marketing platform that engages and monetizes large social media followings.

"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.

Company:
Mobio INsider
Website:
http://www.mobioinsider.com
Location:
Vancouver, British Columbia, Canada

Mobio INsider is the social network for influencers and their followers. We provide users with a community where they can discover, follow and interact with each other - and, we give influencers an opportunity to earn money through our revenue sharing program. Mobio INsider is owned by LX Ventures and is headquartered in Vancouver, BC. To learn more, please visit www.mobioinsider.com and... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more



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