Masabi Obtains $2,800,000 New Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd474dda-7c71-4e91-921f-1c6a3d6dfbeb&Preview=1 -
Date
3/21/2013 -
Company Name
Masabi -
Mailing Address
12 Desbrosses Street New York, NY 10013 -
Company Description
Masabi is the transit mobile ticketing pioneer, delivering end-to-end systems to agencies that bring significant cost savings and enhanced customer experience. Masabi’s JustRide system was first deployed in the U.S. by Boston’s MBTA in late 2012, and it signals the end of ticket lines, lost tickets and cash fares by allowing passengers to quickly and securely buy and display tickets on their mobile phones. -
Website
http://www.masabi.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,800,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
-
Venture Investor
Fontinalis Partners -
Venture Investor
MMC Ventures -
Venture Investor
m8 Capital
