July Systems completed the pricing of a $15 million growth equity investment led by Updata Partners with participation from Intel Capital and WestBridge Capital. Needham acted as the sole placement agent for this transaction. The latest round of funding will provide capital to accelerate the product roadmap, boost sales momentum and increase market reach.
July Systems is a leading mobile application platform provider to businesses worldwide. Mi™ Platform, a cloud-based mobile platform, allows companies to build, manage, market and monetize rich mobile applications quickly and effectively. Over 100 of the world’s largest brands use Mi™ Platform to deliver billions of transactions to over 100 million users globally. July Systems has offices in New York, Los Angeles, and Bangalore.