MeLLmo Raises $10 Million in Third Round of Funding

Private Investors Fund Global Expansion and Continued Roambi Product Innovation

SAN DIEGO--()--MeLLmo Inc., a leading provider of innovative mobile apps that allow on-the-go business professionals to stay connected to critical company information, today announced it has secured an additional $10 million in funding from private investors. Since its founding in January 2008, MeLLmo has secured three rounds of funding, totaling $20 million. This latest round will allow MeLLmo to accelerate its product innovation and global go-to-market strategy in response to growing market demand for Roambi, MeLLmo’s innovative mobile business app for on-the-go analysis and decision-making.

With the mobile workforce growing exponentially, pervasive access to critical company reports and data enhances productivity at every level of an organization. According to recent research from Aberdeen Group, many organizations have invested in multiple business intelligence systems1. This makes the implementation of mobile BI solutions that are compatible with multiple data sources essential. To meet this demand, MeLLmo has expanded Roambi connectivity to the major business intelligence systems and data sources including IBM, Microsoft, Oracle, SAP, Endeca, Google and Salesforce, making Roambi a universal, mobile visual analytics application for enterprise customers around the world.

“As the workforce becomes more mobile, MeLLmo is helping enterprises and small to medium sized businesses take full advantage of the iPhone and iPad as business tools,” said Santiago Becerra, Chairman and co-founder of MeLLmo, Inc. “Our third round of funding will allow us to expand globally, delivering Roambi to a worldwide market. We will continue to develop strategic reseller, system integrator and technology partnerships with industry-leading companies, and invest in further enhancements to the unparalleled Roambi experience for viewing and interacting with business data on a mobile device.”

Roambi Lite, Roambi Pro, and Roambi ES3 make up a complete suite of Roambi products for individuals, workgroups, SMBs and enterprises that transform business reports and data into intuitive mobile analytics and dashboard-style visualizations that can be instantly accessed via the iPhone or iPad. Organizations across nearly every industry around the world are recognizing the value that Roambi can bring to their businesses. Providing mobile workers with access to critical company information from the palms of their hands provides a significant competitive advantage – increasing productivity and improving on-the-go business decisions.

“As a MeLLmo System Integration Partner, we have already seen great success in delivering Roambi’s sleek, interactive mobile dashboards to clients who depend on mobile BI as a part of their business strategy,” said Chris Ovens, General Manager of SpotOn Systems. “With Roambi we are able to deliver best-of-breed mobile analytics capabilities to our users. We are excited to be partnering with MeLLmo to expand services to this growing market base.”

“Endeca and MeLLmo share a vision for reinventing in-the-moment, on-the-go decision-making," said Dave Caruso, vice president, enterprise product management and marketing at Endeca. “MeLLmo has created true mobile business intelligence with Roambi, and we look forward to working with them to continue to provide our customers with search and BI solutions that overcome the constraints of traditional BI systems.”

Roambi product pricing

Enterprise companies can visit http://www.roambi.com/enterprise-overview.html for more information on Roambi ES3. In addition to the on-premise Roambi ES3, MeLLmo offers a suite of online publishing services for individuals, small & medium businesses and workgroups, including Roambi Lite (free) and Roambi Pro ($99/year). The Roambi App is the visualizer app for the iPhone/iPad and it is available as a free download from the iTunes Store or at http://www.roambi.com/getroambi.

About MeLLmo

MeLLmo, Inc. is reinventing the mobile business application to improve the productivity and decision-making of on-the-go employees. The company's flagship product, Roambi, is a mobile app that makes company reports and data quick to access and easy to interact with, via dashboards and visual analytics on any iPhone or iPad. Headquartered in San Diego, CA, MeLLmo has a worldwide customer base of Fortune 500 companies and SMBs across a diverse range of industries including: telecommunications, biotechnology, pharmaceuticals, consumer technology, packaged goods and others. For more information about MeLLmo or Roambi, visit http://www.roambi.com.

1 Aberdeen Group Business Intelligence Data Quality survey, September 2010

Contacts

The OutCast Agency
Liz Clinkenbeard, 415-392-8282
liz@theoutcastagency.com
John O’Brien, 415-392-8282
jobrien@theoutcastagency.com

Release Summary

MELLMO RAISES $10 MILLION IN THIRD ROUND OF FUNDING - Private Investors Fund Global Expansion and Continued Roambi Product Innovation

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Contacts

The OutCast Agency
Liz Clinkenbeard, 415-392-8282
liz@theoutcastagency.com
John O’Brien, 415-392-8282
jobrien@theoutcastagency.com