The Register® — Biting the hand that feeds IT

Bango floats

Splendid

Free whitepaper – Thermal design of Dell PowerEdge server

Bango - the UK outfit that helps companies flog content via mobile phones - has raised around £7m following its debut on London's Alternative Investment Market (AIM).

The IPO values Bango at £35m as it looks to capitalise on the increased interest in flogging content via mobiles.

The cash raised from the IPO is to be used to fund the company's expansion overseas and to help extend its business operation.

Said chief exec Ray Anderson in a statement: "We see this as an exciting step for the company, assisting us in increasing our profile internationally and exploiting our scaleable technology platform in new territories.

"We will be building on the successful relationships we already have with many content providers and network operators and we are expecting to see significant growth in the future." Which is nice. ®

Related stories

Bango to float
Orange shuts out adult content
So why does Vodafone filter block Sky News?
Bango bakes m-commerce cookies

Free whitepaper – Migrating to the new Dell Management Console

Don’t Miss

DustbinDirty, dirty PCs: The X-rated picture guide

Ventblockers Horror beyond human imagination

SC09Top 500 supers - rise of the Linux quad-cores

SC09 Jaguar munches Roadrunner

Ubuntu teaser Early adopters bloodied by Ubuntu's Karmic Koala

Smooth Windows upgrade it ain't

Sign up, sign up for The Register IT security newsletter

Narrowcasting for the email classes