Hyderabad-based one of leading VAS solution and services provider, IMImobile today raised $ 13 million in its second round of funding. Sequoia Capital led this round of funding with existing investor, First Mark Capital also infusing more funds. Mohit Bhatnagar, Managing Director, Sequoia Capital India will join the Board of IMImobile.

Vishwanath Alluri, Founder and CEO of IMImobile said, “The new financing will enable us to develop our cloud infrastructure for Tier 1 telecom operators and allow us to expand our customer base and account penetration through acquisitions. Sequoia Capital’s global experience and strong local expertise will be a key differentiator as we look to launch into our next phase of growth”

Mohit Bhatnagar, Managing Director, Sequoia Capital India said "IMImobile has witnessed tremendous growth over the years and continues to expand into diverse geographies as a consequence of their proven technology expertise Our investment gives us an opportunity to contribute to the fantastic growth path of IMImobile and also opens up significant inorganic growth possibilities for the company.”

IMImobile intends to use the new funds to further build its global service infrastructure as well eye some more acquisitions in the field.