Moveo poised for aggressive growth

Bangalore, Mar 26: Moveo Systems, a city-based start-up developing next generation mobile solutions, today announced that it had closed 1.2 US Dollar in its second round of funding.

Over the last twelve months Moveo it had raised 2.2 million dollars in angel funding. The capital raised would primarily be used to deploy regional sales teams as well as add product development head count.

''Product driven innovation in the interactive mobile application market has been a mantra for Moveo from its inception and we continue to redefine how consumers interact with their mobile devices,'' said Sankalp Saxena, Founder and CEO of Moveo Systems said in a release issued here today.

''Moveo has demonstrated the ability to deploy highly compelling mobile solutions across several different verticals,'' said Mr.

Samir Inamdar, President and CEO of General Electric Consumer and Industrial for India Region and a member of the Moveo Board of Directors.

UNI