ROAM Data is a company that aims to empower mobile merchants and direct sellers by providing seamless and secure commerce applications and payment solutions on any device. Founded in 2005, the company operates in the industries of consumer electronics, e-commerce, IT, and mobile. Despite significant progress in device and network technology, only a small percentage of mobile merchants and direct sellers can utilize payments and other commercial functionalities via their mobile phones. This presents a challenge for Direct Selling organizations and Merchant Service providers in supporting the diverse and continually changing range of mobile devices and services.
ROAM addresses this technical obstacle by offering a unified development platform that enables the creation and updating of commerce applications, ensuring they operate securely on all major mobile devices. The company's distinct advantage lies in blending advanced business applications and content with secure payment functionalities, delivered to end users across various mobile phones as a service. Additionally, ROAM provides all necessary services to facilitate the provision and support of direct sales forces, regardless of their size.
The company's last investment was a $35.00M Venture Round investment at 28 February 2012, with Ingenico being the investor. With its innovative approach to addressing the challenges faced by mobile merchants and direct sellers, ROAM Data presents an intriguing investment opportunity in the burgeoning mobile commerce market.
