Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Action Engine closes $15.5 million financing
Posted on 18-Mar-2003 07:55 | Tags Filed under: News


Action Engine closes $15.5 million financing
Action Engine announced it has closed a $15.5 million financing led by Baker Capital. Other new investors in the round include Cascadia Capital LLC and the Intel Communications Fund. All existing preferred investors (OVP Venture Partners, Northwest Venture Associates and Spangler Ventures) also participated. The company, which has 47 employees, has raised a total of $35 million since it was founded in February 2000.

The funds are slated for increased sales and marketing efforts in Europe, Asia and the US as well as further development of Action Engine’s Mobile Web Services Platform and Device Management Software platforms. Action Engine products are deployed by existing customers Orange SA (FOREIGN OTC: ORGEF), mmO2 (NYSE: OOM; LSE OOM), and the Company expects to announce a number of new mobile operator customers in the coming months.

The Action Engine Mobile Web Services Platform is a client-server solution for smart devices that, by using a thick client, provides a rich and easy-to-use experience, unparalleled network efficiency, and convenient and always-available access to applications and data independent of a network connection.

Action Engine provides a free downloadable SDK for its Mobile Web Services Platform that allows developers to build smart client, smart server applications using industry standard XML. These applications then run on top of the Mobile Web Services Platform on smart device operating systems like Symbian OS.

Action Engine also provides a comprehensive Over-The-Air Device Management Platform that simplifies device configuration, device registration, software maintenance, service provisioning, security, wireless data backup/restore, applications downloads, and more.


More information: http://www.actionengine.com...

comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Mikrotik RB 3011 multiple port flapping (Title updated)
Created by RobBB, last reply by RobBB on 21-Feb-2017 19:59 (38 replies)
Pages... 2 3


The President Of The USA: Donald Trump
Created by TimA, last reply by gzt on 21-Feb-2017 14:59 (3177 replies)
Pages... 210 211 212


geekzone ads are out of control
Created by 1101, last reply by RunningMan on 21-Feb-2017 18:12 (28 replies)
Pages... 2


Silly Cricket Scoring
Created by tdgeek, last reply by tdgeek on 21-Feb-2017 07:02 (45 replies)
Pages... 2 3


Android (FB) Messenger App Bugs/Issues
Created by TimA, last reply by tripp on 21-Feb-2017 19:45 (20 replies)
Pages... 2


Setting up our own EFTPOS (2nd hand terminal)
Created by BlackGlove, last reply by Lias on 21-Feb-2017 16:25 (17 replies)
Pages... 2


Shameful politics, shameless politicians
Created by Rikkitic, last reply by MikeAqua on 20-Feb-2017 14:12 (106 replies)
Pages... 6 7 8


Best way to network my computers
Created by Rikkitic, last reply by Rikkitic on 21-Feb-2017 19:55 (14 replies)