Funambol White-Label Personal Clouds Soar to New Heights

FOSTER CITY, CA--(Marketwired - Jan 23, 2014) - Funambol, the leading provider of white-label personal cloud solutions, today announces that 2013 was its best year based on major customer acquisition, user adoption and innovation. The company's personal cloud solution was selected by eight of the world's largest mobile operators, with an addressable market of more than one billion users. This momentum was fueled by several factors, including personal clouds reaching a tipping point with consumers, mobile operators evolving their strategies to compete against over-the-top (OTT) clouds, and Funambol advancing personal clouds to simplify one's mobile life. As a result, Funambol-powered personal clouds are poised for hyper growth in 2014.

"Funambol transformed in 2013 from personal cloud contender to leader as evidenced by the selection of our personal cloud solution by several tier-1 operators," said Amit Chawla, Funambol CEO. "In 2014, we look forward to helping our customers realize exponential user growth."

Large mobile operators in several countries deployed their own personal cloud service in 2013, partially in response to competition from other services striving to become consumer content repositories that could erode operator value with subscribers. Many operators concluded that Funambol was their optimal path to market due to its best-in-class capabilities. This includes Funambol's unique focus on simplifying one's mobile life, which the operators view as a major differentiator versus OTT file sync-and-sharing, which is becoming commoditized, as well as versus legacy solutions from other white-label personal cloud suppliers. As a consequence, numerous tier-1 mobile operators are aggressively launching their own branded personal cloud services in 2014, powered by Funambol, for hundreds of millions of users.

Operators also chose Funambol due to its support for on-premise, in-country and other secure deployment architectures that protect user data privacy. In addition, operators selected Funambol due to its flexibility to accelerate their digital strategies of leveraging personal clouds as a major new customer relationship management (CRM) platform.

About Funambol

Funambol is the leading provider of white-label personal cloud solutions. Funambol solutions have been deployed by leading mobile providers, including operators, device makers, content providers and system integrators. For more information, visit http://www.funambol.com.