MeLLmo Raises $10M as Roambi Expands Compatibility

12/21/10Follow @bvbigelow

MeLLmo, the Del Mar, CA-based startup that specializes in visualization software for displaying business intelligence on mobile devices, says it has closed its third and biggest round of funding—$10 million from private investors. The company has now raised total funding of $20 million since MeLLmo was founded in January 2008.

As MeLLmo founder Santiago Becerra told me in 2009, the company initially focused on developing its Roambi (as in “roaming business intelligence”) graphics and visualization software for use on Apple’s iPhone. The company soon decided to broaden development of its Roambi app for other smart phones, although its business graphics and charts are still particularly impressive when displayed on an iPad or iPhone.

MeLLmo also moved to broaden the versatility of its enterprise server, which play the central role in connecting to an organization’s business-intelligence system, and preparing monthly sales figures and other data for display on Roambi-equipped mobile devices. In an announcement set for later today, MeLLmo says many organizations have invested in multiple business systems, so the company made its technology compatible with a variety of major business intelligence systems and data sources—including IBM, Microsoft, Oracle, SAP, Endeca, Google, and Salesforce.

“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,” Becerra says in today’s statement. “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.”

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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