Silicon Valley based technology startup, Moxtra has raised USD 10 million in first round of funding for its mobile content collaboration platform. The round raised will be used by the company to accelerate the company’s platform development and expand its marketing eﬀorts.
The external investors leading this round of funding were Cisco and KDDI from Japan. Additional outside investors include China’s Innovation Works and the personal investment arm of Starwood Capital’s Barry Sternlicht.
Moxtra is a mobile content collaboration app founded by Subrah Iyar, who sold his previous company WebEx to Cisco for USD 3.2 billion in 2007.
As we covered earlier, the Moxtra app enables users to collect, express and share multimedia content including photos, videos, notes, web pages, receipts, documents, email attachments, etc. from within cloud-based binders on mobile devices and desktop computers which they want to keep at one place and share with others. Users can see their content as if on paper with no need to “open” each file.
With the funding round, Moxtra has also announced the launch of second version of its platform with new features.
Few of the added features include Chat – users can initiate a multi-party conversation via voice or text with the ability to access a conversation history at any time. Timeline & Real-time Updates – users can quickly access the updates of all binder activities, weaved seamlessly into a chat conversation.
With the new version of the app, one can also insert text, voice bubbles and digital signatures on pages and can also share desktop screens and view them on the iPhone, iPad, Android, Mac or PC.
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