Social Mobile Secures $35 Million Credit Facility From Citi®

Mar 30, 2023•over 2 years ago

Amount Raised

$35 Million

HollywoodMobileInformation TechnologySoftware

Investors

Citi

Description

Social Mobile, a leader in delivering custom enterprise mobility solutions, is pleased to announce that it has secured a $35 million senior credit facility from Citi.

Company Information

Company

Social Mobile

Location

Hollywood, California, United States

About

Social Mobile is an enterprise mobility solutions provider who designs, engineers, and manages custom mobility solutions for clients in all industries from healthcare to retail to defense. Our team of certified Android Enterprise experts work to deliver a fully custom mobility solution that includes hardware, software, managed mobility services, connectivity, and more. To learn more about Social Mobile, visit: www.socialmobile.com | Twitter: @socialmobile | LinkedIn: www.linkedin.com/company/socialmobile | YouTube: www.youtube.com/@socialmobile

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Social Mobile Secures $35 Million Credit Facility From Citi®

Investors

Description

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