MobileLime Merges with Cuesol
Mar 28th, 2007 by newsroom
Mobilelime Inc., a Watertown, Mass. based provider of software that lets consumers to make purchases via mobile phones, has merged with Cuesol Inc., a Stage 1 Ventures portfolio company. No financial terms were disclosed. Mobilelime has raised around $15 million in VC funding from firms like Ignition Partners, Seapoint Ventures and Oak Investment Partners. From the Mobilelime site:
"The merger with Cuesol offers the opportunity to measurably improve the shopping experience by bringing together cell phone-based rewards and promotions with interactive, self-service shopping," said Robert Wesley, president and CEO, MobileLime. "In combining the passion, creativity and technology of these two companies, we will continue to help retailers develop one-to-one relationships with their customers by transforming the retail shopping experience."
Additional details can be found in the press release at Mobilelime.