Critical Path Raises $18M for Consumer Messaging

Critical Path, a provider of messaging solutions for mobile, broadband and fixed-line service providers, signed agreements for $18 million in debt financing led by Cheung Kong Group and General Atlantic Partners. Critical Path is developing a new strategy concentrating on consumer messaging solutions for mobile, broadband and fixed-line service providers. The company recently announced a restructuring to focus on consumer messaging.
http://www.cp.net/