Azuki Systems secures $6 Million in funding
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Azuki Systems secures $6 Million in funding
Acton: Azuki Systems, which offers a software service for media companies to deliver a new generation of mobile websites and applications, has announced that it has secured $6 million in additional equity financing. Original investors Sigma Partners and Kepha Partners, along with company executives, are participating in this round of funding. Since its founding in 2007, Azuki Systems has achieved significant breakthroughs in technology and is currently deploying services with new customers in a number of sectors, notably sports and media. Azuki powers high quality video, rich community features, and compelling true-to-brand consumer experiences across a full spectrum of application and browser-based mobile services. "With a single platform that can deliver rich content, community and video across the full range of application and browser-based mobile channels, Azuki will play an increasingly important role in the industry," said Bob Davoli, Managing Director at Sigma Partners. "Having an effective mobile strategy is essential for most media brands. Mobile is growing rapidly and Azuki extremely well to benefit from this growth," Davoli added. "The team at Azuki, spearheaded by Chairman and Co-Founder Cheng Wu, has developed a platform that extends desktop services across the mobile web and enables mobile services to scale on established infrastructure," said Jo Tango, General Partner at Kepha Partners. "Azuki realized early the importance of leveraging leading CDNs and cloud computing solutions to deliver robust mobile content services. It is always best to avoid re-inventing wheels when you can, especially when those wheels have already proven successful in achieving internet scale." "The support shown by our venture investors in this round of funding, especially during these turbulent economic times, underscores the traction and market response we are experiencing," said Jim Ricotta, president and CEO, Azuki Systems.

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