Mobile billing company mBlox raises $22M

Sunnyvale company mBlox has raised $22 million in a fifth round of funding. VentureWire reports that the funding, which will be used to expand mBlox’s product line and paves the way for possible mergers and acquisitions, was led by an undisclosed institutional investor. The company says it connects mobile users with third-party content providers. It’s raised $65.6 million since 2001.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.