AfterDox is a group of angel investors, comprised of 40 present and former top executives of Amdocs.
AfterDox Angels Investment Group has invested $1 million in mobile advertising company Toda!Cell. AfterDox is a group of angel investors, comprised of 40 present and former top executives of Amdocs Ltd. (NYSE: DOX).
AfterDox invests mainly in early stage start-ups in telecommunications, Internet, advertising, IT, corporate software and cleantech. AfterDox has raised millions of dollars, and each "angel" is committed to devoting time to supporting the portfolio companies. The chairman of the group is former Amdocs VP business development and M&A Menahem Shalgi.
Toda!Cell is an IT company founded in 2007 by a team of veterans of the online advertising industry and experts in mobile advertising technology. Toda!Cell aims to become a provider of carrier-free premium mobile advertising hosted (SaaS) solutions.
Published by Globes [online], Israel business news - www.globes-online.com - on July 5, 2009
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