Investment Data about Xobni
Starredreviews has collected data about the investments made in Xobni and learned that there has so far been investment to the tune of $31.7 million.
With such a high investment, it looks like Xobni is loosing its battle against time and a viable acquisition candidate for a large companies including Microsoft. It would possibly have been a good acquisition candidate for around $20 million – something Microsoft was ready to but it ( Microsoft officially deny that it was going to buy Xobni).
Here is the Investment Data for Xobni
Table : Investors for Xobni
| Month Year
| March 2007
||Angel Investors, Khosla Ventures, First Round Capital, and Atomico||$4.26 millions|
|January, 2009||current investors plus Cisco Systems and BlackBerry Partners Fund||$7 millions|
|March 2009||Series B Funding||$3.2 Billion|
| March 2009
||Series B Funding||$1 million|
|April 2010||RRE Ventures plus existing investors- Series C funding||$16.2 millions|
Does it makes Xobni any good buy candidate for take over ? Tell us.