T-Mobile invests in roaming software creator Roamware
Mobile roaming company Roamware has received a strategic investment from T-Mobile Venture Fund, the investment arm of T-Mobile. The size of the investment was not disclosed.
San Jose-based Roamware makes network-based software applications that help carriers increase users’ roaming capabilities. The company says its software is installed on 317 operator networks on 127 countries.
It identifies the funding as a “mezzanine investment,” meaning that it’s the last financing that Roamware plans to raise before its IPO.
T-Mobile Venture Fund also announced a $6 million investment in location-based application platform deCarta today.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.