British mobile email and synchronisation company Synchronica has gone shopping, buying consumer mobile email outfit AxisMobile for $4.9 million in shares, bringing the provider new capabilities like email-to-SMS gateway and open up Synchronica’s service to lower end devices.
And that’s just the start of it: the company’s just announced that its raised another $10 million in funding from investors, bringing its total financing this year to $18 million. Synchronica says it will be using the new funds to “accelerate product integration and fuel the growth of the combined business in emerging markets, such as China, Africa, the Middle East, Eastern Europe, and Latin America”.
Good news for Synchronica and great timing all around – it looks like there’s good prospects ahead for the company.
