IXI Mobile, a mobile data delivery company, announced that it has secured financing from Southpoint Master Fund, an affiliate of US-based Southpoint Capital Advisors. The capital will be used to meet its working capital needs and to refinance existing debt. The financing is to the tune of $20 million, of which roughly $1 million will be used to refinance debt. Redwood, California-based IXI Mobile’s Ogo family of devices delivers mobile applications, including instant messaging, email, SMS and news, on to handheld devices.