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Mobixell Networks Raises $5 Million for its Media Processing

Mobixell Networks, a start-up based in New York City with R&D in Israel, raised $5 million from major global investors for its multimedia processing and delivery solutions for mobile systems. Mobixell specializes in multimedia adaptation and optimization for messages delivered over a mobile networks. Its platform provides rendering and delivery capabilities for applications such as multimedia messaging, media album, instant messaging, entertainment, and others. Mobixell’s products are operationally deployed in over a dozen commercial installations worldwide. The new funding round was led by Apax Partners’ funds and Siemens Mobile Acceleration (SMAC), a wholly owned subsidiary of Siemens Mobile. Additional investors include Comverse and Optibase.
http://www.mobixell.com

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