Airborne Mobile closes $2M growth financing round

Mobile media content and applications provider Airborne Mobile announced the close of a $2 million growth financing round led by venture firm iNovia Capital. According to Airborne, the financing is earmarked to fund the firm's new mobile media initiatives and other market opportunities, including a new application for home buyers and real estate agents, an interactive cable TV network and a phone number privacy app. Six months earlier, Airborne initiated a management buy-out, assuming control from previous majority shareholder Cybird Co. Ltd. and changing its name from Airborne Entertainment to Airborne Mobile.

For more on the Airborne funding:
- read this release

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