SAN MATEO, CA – November 17 2009 – In response to the growing demand for its rapid expansion into new territories Mobile Complete, Inc., the parent company of DeviceAnywhere™, the industry leader mobile application testing has partnered with MMV Financial (“MMV”) to aggressively expand its worldwide sales, marketing, and support teams in new regions across Europe, Asia, Latin America and other geographies.
Mobile Complete has pioneered the ability to access mobile devices for the purpose of testing mobile applications across any handset at any time from any location. This eliminates the cost and latency associated with accessing physical devices for the purpose of testing. Its technology is used by the entire mobile ecosystem ranging from content developers to carriers to phone manufacturers and a variety of organizations of all sizes interested in offering their product or service on the mobile platform. Mobile Complete’s products are offered either as a SaaS, as a hosted software or as an on-site enterprise solution and enables customers to test newly developed applications and other content on real devices to ensure the desired end-user experience is fully realized. The company has incorporated more than 2,000 available handsets into their test bank, including all relevant handsets on the market today. Their solutions have repeatedly shown their value in a wide range of vertical markets including Web, Finance, Entertainment, Healthcare and Service companies. The company’s relationships with the major US operators and service providers are unsurpassed in the industry.
“We are happy to have MMV as a financing partner going forward. This relationship will help us to solidify our position as the premier source of mobile handset testing solutions in the industry and ensure that the demand for growth into new markets are met in the most efficient manner possible. ” said Faraz Syed, Mobile Complete’s CEO.
“Mobile Complete’s platform provides large and small mobile content developers access to world class testing and quality assurance that in turn enables the explosion of applications for smart phones and other devices.” said April Young, MMV’s Senior Vice President and US Managing Director. “MMV is delighted to support Mobile Complete’s leadership in this vibrant and growing space.”
About Mobile Complete, Inc.
Mobile Complete is the world leader in mobile device testing. The DeviceAnywhere platform enables instant remote access to the most comprehensive handset banks in the industry. Test automation features as well as web based access allow customers to conduct testing from anywhere in the world. These functionalities allow reduced operating costs, faster time to market, increased quality control, and ultimately greater customer satisfaction. For customers who wish to maintain their testing operations on-site, Mobile Complete will establish a dedicated remote handset bank for use by the customer’s development teams. The use of physical devices in the Company’s entire platform enables a level of quality and control that is unattainable using other test methods.
Mobile Complete is a privately owned portfolio company of Motorola Ventures and Innovacom.
MMV Financial is a specialty finance company providing creative debt solutions directly to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, Fonds de Solidarité FTQ, HSBC Bank Canada, NewStar Financial Inc., ROI Capital, and Wells Fargo Company. For more information please visit www.mmvf.com
For MMV Financial:
Senior Vice President
Managing Director – US
MMV Financial USA Inc.
For Mobile Complete:
Vice President of Marketing