Txteagle Lands $8,500,000 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d25f06fa-f2a0-4a7d-b2b1-acf0473be520&Preview=1 -
Date
4/5/2011 -
Company Name
Txteagle -
Mailing Address
36 Gloucester St. Boston, MA 02115 -
Company Description
txteagle helps global organizations learn, educate and grow in emerging economies by leveraging the power of the mobile phone. Through a network of over 2.1 billion mobile phone subscribers across almost 100 developing countries, txteagle leverages the emerging market community for two inter-related services; i) GroundTruth: gathering local data and opinions ii) GroundSwell: leveraging those insights to improve consumer engagement -
Website
http://www.txteagle.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,500,000 -
Transaction Round
Series A -
Proceeds Purposes
The company plans to expand its product development and marketing efforts. -
M&A Terms
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Venture Investor
Spark Capital -
Venture Investor
Flywheel Ventures -
Venture Investor
RBC Technology Ventures -
Venture Investor
Qualcomm, Inc. -
Venture Investor
Individual Investor
