US e-business consulting and applications services firm Wizmo has closed its second round of private financing with $28 million provided by Sandler Capital Management, Novell and Hewlett Packard.
The financing will be used to expand relationships with US resellers, implement a global business model, and position itself as a leading application service provider. It will also enable Wizmo to expand its sales, marketing and distribution initiatives; enhance its technical infrastructure; and further establish its brand.
In addition, Wizmo has entered into a strategic partner agreement with Novell to allow access to its vast reseller marketing channel.
Wizmo will use best-of-breed HP and Novell technology and their channel partners to power Wizmo’s industry application services offering.
Established in 1999, Wizmo delivers IT and e-business services to more than 3,000 customers and 30,000 desktops nationally.