Azuki Secures Funds

Mobile media technology company Azuki Systems has secured $6 million (4 million) in additional equity financing from original investors Sigma Partners and Kepha Partners, along with company executives.
Founded in 2007, Azuki Systems currently deploys services with customers in a number of sectors, notably sports and media. Azuki powers high quality video, rich community features, and compelling true-to-brand consumer experiences across a full spectrum of application and browser-based mobile services.
Azuki is delivering tremendous value on the mobile web, says Bob Davoli, Managing Director at Sigma Partners. With a single platform that can deliver rich content, community and video across the full range of application and browser-based mobile channels, Azuki will play an increasingly important role in the industry. Having an effective mobile strategy is essential for most media brands. Mobile is growing rapidly and Azuki extremely well to benefit from this growth.
Azuki Systems President and CEO, Jim Ricotta, says the support shown by the companys  venture investors during turbulent economic times, underscores the traction and market response it is are experiencing.
This current investment round will enable us to continue to aggressively build out the business and offer more brands the opportunity to build community around their video and content, says Ricotta.