Mwave attracts two new investors
Summary
Mwaves management team and Right Click Capital will both continue as investors alongside Anacacia, with the management team continuing in their executive roles.The addition of Anacacia will open up Mwaves access to a broader investor base and board to support its growth plans.Although the amount of investment going into Mwave from Anacacia hasnt been revealed, Anacacia indicated it was stemming from its $300 million Private Equity III LP fund.The Anacacia team demonstrated a clear willingness to understand the unique characteristics of our business model and our industry. We are excited about this next chapter with Anacacia, and I believe Mwave will continue to go from strength to strength, Mwave founder Victor Lee said.
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