Moveo closes $1 million funding

Bangalore, Aug 29: The city-based Moveo Systems, a moble solutions start up, today annoucned its seed round of funding of one million US Dollars and establishment of its first research and development centre here.

In a release here, the company said the seed investors were seasoned executives across a diverse section of both multinational and Indian companies.

''Their funding is a solid endorsement of our market opportunity, our management team as well as our next generation solutions which deliver rich, interactive multisensory experiences to subscribers across both consumer and enterprise sectors,'' the release said, quoting Company Vice founder and CEO Sankalp Saxena.

UNI