About MobiWM
MobiWM is a Technology company based in Indianapolis (United States) founded in 2008, and was acquired by Tangoe in December 2018. Enterprise mobility and telecom expenses are managed via cloud-based software. MobiWM has raised $35 million across 2 funding rounds from investors including SVB, Tangoe and Bregal Sagemount. The company has 1,269 employees. Its Indian entity Wm Universal Solutions Private Limited reported revenue of ₹170 Cr. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, BYOD Security and EMM. Its competitors include Good Technology, MobileIron and Jamf; 3 of its 3 listed competitors have raised funding.
Company details
MOBI provides a cloud-based software that centralizes and automates management of mobile devices by integrating with wireless carriers, MDMs, and corporate IT systems. Administrators can automate approval routing, mobility ticket creation, inventory detail updates. Provides different privilege setting for employees based on their requirement and designation. Provides a dashboard for employees to view their privilege rights and order or upgrade devices based on their rights, Provide enterprise mobility management, expense management and other services.
- Headquarters Indianapolis, United States
- Employees 1,269
- Stage Acquired
- SectorsTechnology
- Website mobiwm.com
- Social LinkedIn X Facebook
- Acquired by Tangoe (Dec 2018)
- Legal Name Mobi Wireless Management, Llc’
- Date of Incorporation 06 Apr, 2011
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹170 Cr
FY 2025 · +27% YoY
- Indian entity net profit₹24.63 Cr
FY 2025 · 14% margin
- Indian entity EBITDA₹41.41 Cr
FY 2025 · 24% margin
- Total Equity Funding$35M (USD)
in 2 rounds
- Latest Funding Round$35M (USD), Series B
Jul 2015
- InvestorsSVB
& 2 more
- Employee Count1,269
- Acquired byTangoe
(Dec 2018)
Associated legal entities of MobiWM
MobiWM operates through Wm Universal Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wm Universal Solutions Private Limited CIN U74999HR2011PTC085630 | Active | 06 Apr 2011 | Gurgaon, Haryana | ₹170 Cr | 1,269 | 3 | View details |
Funding Insights of MobiWM
MobiWM has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $35M
- Total Rounds 2
- Last Round Series B — $35M
- Investors Count 2
All 2 funding rounds of MobiWM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $35M | Series B | – | Bregal Sagemount | – |
| May 2015 | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in MobiWM
MobiWM has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Tangoe and Bregal Sagemount.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward high-growth startups in multiple sectors. | sagemount.com | New York, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Cloud-based IT expense life cycle management software is provided. | 2000 | tangoe.com | Boulevard, United States |
Investor details for MobiWM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Wm Universal Solutions Private Limited (MobiWM)
Wm Universal Solutions Private Limited is the primary company behind MobiWM. The board of Wm Universal Solutions Private Limited currently have 3 directors; the longest-serving is Kapil Behl, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kapil Behl DIN 07539940 | Director | 10 Jun 2016 | 10 yrs 4 mo | Wm Universal Solutions Private Limited |
| Mark Anthony Lockett DIN 07599051 | Director | 29 Aug 2016 | 10 yrs 1 mo | Wm Universal Solutions Private Limited |
| Courtney Alison Tippy DIN 10240793 | Director | 26 Sep 2023 | 3 yrs 1 mo | Wm Universal Solutions Private Limited |
Financials of MobiWM
Figures of Wm Universal Solutions Private Limited, the primary company behind MobiWM, for FY 2025. Revenue was ₹170 Cr (+27% year on year). Net profit was ₹24.63 Cr (14% margin). EBITDA was ₹41.41 Cr (24% margin). Revenue has grown at a compounded annual rate of +10% over three years and +11% over five years.
- ₹170 CrRevenue · FY 2025 · +27% YoY
- ₹24.63 CrNet profit · 14% margin
- ₹41.41 CrEBITDA · 24% margin
- ₹5 LakhPaid-up capital
- 1,269Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wm Universal Solutions Private Limited are on its company page.
Detailed financial statements for MobiWM
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of MobiWM
4 dated milestones of MobiWM across 10 years, from founding to its latest funding, stage changes and deals.
- Founded MobiWM is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $35.0M.
- Exit Acquired by Tangoe.
Competitors of MobiWM
MobiWM has 3 listed competitors in our database, 3 of them funded. They include Good Technology, MobileIron and Jamf.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| good.com | 1996 | Sunnyvale, United States | $354.85M | Secure MDM and MAM solutions for enterprise mobility are delivered. | ||
| mobileiron.com | 2007 | Mountain View, United States | $157.13M | 506 | MDM and endpoint management solutions are delivered for enterprise devices. | |
| jamf.com | 2002 | Minneapolis, United States | $60M | 2,767 | Cloud-based enterprise device management solutions are offered. |
Detailed competitors of MobiWM
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as MobiWM (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Mobiwm
Complete news archive for MobiWM
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Frequently Asked Questions about MobiWM
MobiWM was founded in 2008 and raised its 1st funding round 7 years after it was founded.
MobiWM is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
MobiWM is a funded company, having raised a total of $35M across 2 funding rounds to date.
MobiWM has 1,269 employees.
The primary company behind MobiWM, Wm Universal Solutions Private Limited, reported revenue of ₹170 Cr for FY 2025, up 27% year on year.
MOBI provides a cloud-based software that centralizes and automates management of mobile devices by integrating with wireless carriers, MDMs, and corporate IT systems. Administrators can automate approval routing, mobility ticket creation, inventory detail updates. Provides different privilege setting for employees based on their requirement and designation. Provides a dashboard for employees to view their privilege rights and order or upgrade devices based on their rights, Provide enterprise mobility management, expense management and other services.
MobiWM's top competitors include Jamf, MobileIron and Good Technology.
MobiWM has 3 investors. Key investors include SVB, Tangoe, and Bregal Sagemount.
MobiWM operates through Wm Universal Solutions Private Limited.
Yes. MobiWM was acquired by Tangoe in December 2018.
The legal entities of MobiWM currently have 3 directors, including Courtney Alison Tippy, Mark Anthony Lockett, Kapil Behl.