Mobui Gets Teletouch Investment

1/13/09Follow @gthuang

Redmond, WA-based Mobui, a mobile applications startup, has received an equity investment from Teletouch Communications, a Fort Worth, TX-based cellular services provider and retailer. Terms of the deal were not disclosed. Mobui will use the funds to expand its software development and customer operations, while Teletouch gets access to Mobui’s applications being built to run on the iPhone, BlackBerry, Android G1, and other handsets.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang

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