Leverage Mobile Secures Funding Through SWED
Salisbury-Wicomico Economic Development (SWED), through the UMES-SWED Revolving Loan Fund, provides funds to Leverage Mobile for tech development, sales and marketing.
United States (PRUnderground) August 19th, 2014
Leverage Mobile is a high tech mobile applications firm providing solutions on smartphones, tablets and other mobile devices in a subscription model. By offering mobile applications and integration as a service, businesses of all types can improve operations and be more efficient without costly upfront expenses for software, software development o backend infrastructure.
“Since the formation of SWED in 1968, the priority of our economic development initiatives has been the retention, stability and growth of Wicomico’s existing industry.” said David Ryan, SWED’s Executive Director. “Leverage Mobile is the type of company that SWED likes to foster. They bring new technology and new jobs to our community providing the steady growth we need. Our involvement was made easy due to our long relationship with the senior management team and the strength of their technology.”
For more than four and a half decades, Salisbury-Wicomico Economic Development has worked to strengthen the local economy through the preservation and creation of productive employment opportunities. A strong economic foundation not only promotes new jobs, but also attracts prospective employers considering Wicomico County for its business location.
“We are pleased that once again, SWED has stepped up to help us grow our company” said Ron Hodges, Leverage Mobile CEO. “We began building our NOC center in Salisbury back in 1999, and early on, SWED was a financial backer for our new company, Navtrak Inc. Thanks to SWED and our other early investors, Navtrak grew to over 100 employees – we hope to continue that success with Leverage Mobile.
In both retention and attraction endeavors, SWED targets those industries whose activities result in the importation of dollars to our community. SWED is pleased to work with all businesses and numerous partners to enhance our economic base and vitality. For more information contact David Ryan, Executive Director or learn more at www.swed.org.
About Leverage Mobile – General
Leverage Mobile provides world-class mobile, integration and device management (MDM) solutions for organizations of all types and sizes – all in the cloud. The service significantly reduces – and often eliminates altogether – the need for software engineering, development tools, infrastructure resources and long term support for both hardware and software. Pre-packaged apps for rugged devices, smartphones and tablets, along with Leverage Mobile’s proprietary design tools make mobility fast and easy without the need for large, up-front capital investments.