MeLLmo secures USD 30 mln in funding

Mobile applications provider MeLLmo has secured USD 30 million through its first round of institutional funding led by Sequoia Capital. With this round of financing, MeLLmo will continue to develop Roambi products, expand its San Diego headquarters and grow its worldwide presence including offices in Boston, New York City, San Francisco, London and Shanghai. The latest funding round will allow MeLLmo to meet international demand for Roambi with new offices, new regional hires and localised versions of Roambi Analytics and Roambi Flow. As part of MeLLmo's deal with Sequoia Capital, Greg McAdoo will join MeLLmo's board of directors, and David Spector will join as a board observer.