Thursday, March 15, 2012

Mobile Payment Startup BOKU Raises A $35M Round. NEA, Telefonica Among The Investors

boku_logoAnother sign of the significant investment and attention going into the mobile payments market: BOKU is today announcing a significant new round of funding totaling $35 million, to be used to continue building out its payments business. Of that amount, TechCrunch understands that $30 million will be coming from VCs and angels led by new investor NEA, with participation also from existing investors including Andreessen Horowitz, Dag Ventures, Index Ventures and Khosla Ventures. And $5 million will be coming from a new strategic investor, the carrier Telefonica. This brings the total amount invested in the company to $75 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/l7iccyNjs4A/

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