Xconomy | Boston - Business + Technology in the Exponential Economy

Spark, Grandbanks Up SendMe Stake

Spark Capital of Boston and Grandbanks Capital of Newton Center, MA, are among the investors in a $12 million Series D round announced today by SendMe Mobile, a San Francisco startup that sells ringtones, games, wallpaper, and other content to mobile phone users. Triangle Peak Partners led the round, which also involved True Ventures and Amicus Capital. Spark and Grandbanks were also part of a $15 million Series C round for SendMe that closed last March.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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