White-label cloud service provider Funambol has closed a new $5.75m funding round aimed at speeding its global expansion. The company's customers are already deploying its OneMediaHub personal cloud repository to millions of their users. Funambol is aiming to use this latest cash injection, along with a working capital line, to further accelerate its rate of global growth.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/_WsJoORm95A/
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