July System raises $7M
July Systems bangalore based Mobile platform company raised $7M led by Intel Capital and existing investors Footprint Ventures and Sequoia Capital also participated to maintain their equity in the company.
July Systems’ Mi™ Platform offers end to end solutions that enable brands publish, distribute, monetize inventory and personalize services for consumers on the mobile internet. The Mi™ Platform is the industry`s first next generation Mobile 3.0 publishing platform that offers innovative features such as Cross – platform publishing and distribution, Freemium model based monetization, Personalized push based customer relationship management.
Rajesh Reddy, Founder & CEO of July systems said funds will be utilized in expanding technology and operations team. Rajesh Reddy is a serial entrepreneur and has founded Unimobile which was acquired by Verisign. July systems has offices in Bangalore, New York and Los Angeles.
Unimobile Prominent Clients includes NDTV, ibnlive, moneycontrol.com, NBA, National Geographic, Fox Entertainment group.
-Hitesh, vcBytes.com
