The firm also is also considering an IPO.
Mobile marketing developer PDWay today announced that it is currently in the process of raising $10 million and that it is concurrently examining the possibility an IPO on a London exchange (judging by the value, the intention seems to be London’s Alternative Investment Market (AIM))
In any event, this is a second round for PDWay, which was founded in 2006. The company had an initial round of $3 million at the start of 2007.
Published by Globes [online], Israel business news - www.globes.co.il - on November 13, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007