Visto Secures Additional $70 Million Financing

Nov 11, 2005


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Visto Corporation, a provider of secure mobile push email, has announced it has secured $70 million in an oversubscribed financing round led by DFJ ePlanet Ventures and joined by current investors Draper Fisher Jurvetson, Oak Investment Partners, Meritech Capital Partners, VantagePoint, and Allegis Capital. Visto plans to use the funds to accelerate penetration of global markets, drive customer initiatives, and deliver deployment of mobile technology. The Visto MobileT push email service is currently available from several wireless operators, including: Vodafone; Rogers Wireless; and Sprint-Nextel.

(www.visto.com; www.eplanetventures.com)