MeLLmo Secures First Round Institutional Funding Of $30 Million


MeLLmo, a provider of  mobile applications that allow users to view and interact with critical business information on-the-go, announced that it has secured $30 million through its first round of institutional funding led by Sequoia Capital.

This is MeLLmo’s first round of institutional funding since it was founded in January 2008. Previously, MeLLmo had raised $20M from individual investors and the company founders. As part of MeLLmo’s partnership with Sequoia Capital, Greg McAdoo will join MeLLmo’s board of directors, and David Spector will join as a board observer.