Mobify secures new financing

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By Ted Liu

Mobify Research and Development Inc., a leading provider of mobile customer engagement solution for retailers and brands, has raised [Premium Contents, please Log In or Subscribe] million in Class D Preference share financing led by BDC Capital with participation of existing investor, Action Capital Partners.

Mobify’s investors also include BEST Funds, Plaza Ventures. Mobify previously raised $11 million in Series C and debt financing led by Acton. Series C round valued the company at US $50 million.

photo credit: Mobify