Moki Mobility, founded in 2011, is moving its operations from Lehi, Utah to San Antonio. The company will initially have three employees and it is hiring for additional positions. The financial terms of the deal were not disclosed. Moki is located in the Vogue building on Houston Street in the tech district. It still plans to keep an office in the Salt Lake City area.
Moki’s software allows companies to convert mobile devices like iPads and Android Tablets into retail kiosks, mobile point of sale devices, digital signs, product displays, conference room schedulers, or retail sales terminals. Moki’s cloud-based platform provides security, remote management and monitoring of the mobile devices and applications.
“We are extremely excited to help take Moki to the next level. This is a world-class team that we’re excited to now have as part of our family,” Paul Salisbury, CEO of Dura Holdings. Mr. Salisbury will be the CEO of the Moki division of Dura.
Mokie has hundreds of customers including Moneygram, Belly, PayPoint and Clark’s Shoes, in more than 55 countries.
To date, Mokie has raised $12.4 million in venture capital, according to CrunchBase. Its investors included Epic Ventures, Pelion Ventures, and Allegis Capital.
Dura Holdings is a new software company that acquires and operates business to business software companies. Paul Salisbury is Dura’s CEO and the new CEO of Moki. He previously served in executive roles at Rackspace and Dell.
“Dura buys companies with the intent to never sell them,” according to a news release. “Business owners appreciate that Dura will ensure the legacy of the customers, partners, and employees.”
Michael Girdley, managing director of the $20 million Geekdom Fund, which invests in early-stage startups, is a board member of Dura Holdings. Girdley also co-founded Codeup in San Antonio and serves as a partner at RealCo, a long-term accelerator, based at Geekdom in San Antonio.
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