High-profile software firm Mobi acquired by New Jersey firm
The buyer, Tangoe Inc., said Mobi’s offices will remain in Zionsville and will serve as headquarters for the combined company’s managed mobility services, operations.
The buyer, Tangoe Inc., said Mobi’s offices will remain in Zionsville and will serve as headquarters for the combined company’s managed mobility services, operations.
About 35,000 people work in tech in the Indianapolis area, according to CBRE. The commercial real estate firm recently released a study with details about the tech workforce here, including its gender breakdown, average salaries and more.
Eric Sendelbach has helped Mobi step up its growth by rolling out its mobile-device-management software globally.
Mobi Wireless Management LLC has decided to pull the trigger on an $11.5 million headquarters expansion in Zionsville and add up to 521 jobs by the end of 2020, the company and state officials announced Thursday morning.
Many startups, here and elsewhere, secure venture capital funding by touting their market traction, revenue growth and other statistics, all in an effort to prove to investors that they’re good bets. However, a look behind the scenes of High Alpha and three other big venture deals last year suggests that, oftentimes, landing capital has more to do with relationships and luck than with metrics.
In his first year on the job, Andrew Davis helped MOBI, which provides software and services to help companies manage their mobile devices, raise $35 million to fuel growth.
Indianapolis-based MOBI landed the capital from New York-based private equity firm Bregal Sagemount, which has made previous investments in LifeLock, Orbitz and Vivint.