$UBIQ HUGE NEWS OUT!! $8.575M Funding secured!! Ub
Post# of 99241
Posted On: 03/14/2016 10:28:12 AM
$UBIQ HUGE NEWS OUT!! $8.575M Funding secured!! Ubiquity's Sprocket And iWebGate Secures $8.575 Million In Funding To Accelerate Customer Growth
Ubiquity's successful partnership with iWebGate focused on expanding to new markets
IRVINE, Calif., March 14, 2016 /PRNewswire/ -- Ubiquity Inc. (UBIQ) ("UBIQUITY" or the "Company"
, a vertically integrated, technology- focused media company, has announced that its licensee: iWebGate Limited has secured additional funding of $8.575 million to accelerate customer growth. iWebGate is well funded to accelerate and execute its growth strategy for its cyber security platform technology products and rapidly expand its relationship with Telstra, which includes Ubiquity's Sprocket. The Sprocket is the navigational tool in iWebGate's proprietary container technology, which resolves major problems for enterprises and government agencies of all sizes.
Ubiquity's CEO Chris Carmichael said: "We are pleased that our licensee, which is distributing Sprocket to Telstra, Australia's largest telecommunications company, is receiving additional funding to expand all of its customer relationships. Our partnership with iWebGate is going strong and moving forward, we are expecting to enter other markets with them as well."
iWebGate's new funding will benefit the Ubiquity-iWebGate partnership, which has already successfully begun to include Sprocket through its secure mobile containers to 800,000 users. Ubiquity is committed to "mobile as a service," and the partnership with iWebGate helps bring those solutions to life.
Tim Gooch, CEO of iWebGate said: "We will be utilizing the additional support to expand our customer base to include government, enterprise and small business customers, as well as the successful work we are doing with Ubiquity to serve the telecommunications industry. iWebGate and its products and platform has won a number of prestigious awards, including the worldwide winner of the Global Security Challenge, and has earned the highest NIST Compliance rating awarded by CyerRx; and we believe that there is an extensive potential customer base looking for the most secure mobile options available."
Read Full: http://finance.yahoo.com/news/ubiquitys-sproc...00491.html
Ubiquity's successful partnership with iWebGate focused on expanding to new markets
IRVINE, Calif., March 14, 2016 /PRNewswire/ -- Ubiquity Inc. (UBIQ) ("UBIQUITY" or the "Company"
, a vertically integrated, technology- focused media company, has announced that its licensee: iWebGate Limited has secured additional funding of $8.575 million to accelerate customer growth. iWebGate is well funded to accelerate and execute its growth strategy for its cyber security platform technology products and rapidly expand its relationship with Telstra, which includes Ubiquity's Sprocket. The Sprocket is the navigational tool in iWebGate's proprietary container technology, which resolves major problems for enterprises and government agencies of all sizes. Ubiquity's CEO Chris Carmichael said: "We are pleased that our licensee, which is distributing Sprocket to Telstra, Australia's largest telecommunications company, is receiving additional funding to expand all of its customer relationships. Our partnership with iWebGate is going strong and moving forward, we are expecting to enter other markets with them as well."
iWebGate's new funding will benefit the Ubiquity-iWebGate partnership, which has already successfully begun to include Sprocket through its secure mobile containers to 800,000 users. Ubiquity is committed to "mobile as a service," and the partnership with iWebGate helps bring those solutions to life.
Tim Gooch, CEO of iWebGate said: "We will be utilizing the additional support to expand our customer base to include government, enterprise and small business customers, as well as the successful work we are doing with Ubiquity to serve the telecommunications industry. iWebGate and its products and platform has won a number of prestigious awards, including the worldwide winner of the Global Security Challenge, and has earned the highest NIST Compliance rating awarded by CyerRx; and we believe that there is an extensive potential customer base looking for the most secure mobile options available."
Read Full: http://finance.yahoo.com/news/ubiquitys-sproc...00491.html
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