Blue Label buys into sports data start-up Mobii

Blue Label Ventures, the venture capital and private equity arm of JSE-listed Blue Label Telecoms, has invested in Cape Town-based technology start-up Mobii Systems.

The deal will see Blue Label take up 26% of Mobii, giving the company’s team of developers of sports data applications the funding needed for new and ongoing product development, as well as access to a wider customer base and increased market share.

Read the full IT WEB  report here:

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