Aquto Receives $8,000,000 Series A Financing Round

  • Feed Type
  • Date
    10/29/2012
  • Company Name
    Aquto
  • Mailing Address
    320 Congress St. 3rd Floor Boston, MA 02210
  • Company Description
    The mission of Aquto is to change the mobile industry when it comes to how mobile internet services are bought and packaged. With the explosion of mobile internet usage (mobile devices already consume 20% of the total internet traffic in the US) and challenges the mobile operators are facing to keep up with the demands, mobile internet is fast becoming a precious resource.
  • Website
    http://www.aquto.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    North Bridge Venture Partners
  • Venture Investor
    Matrix Partners

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