Verve Mobile Lands $14,000,000 Series C Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=719d2612-ad7d-4597-a529-33e637baeb10&Preview=1 -
Date
2/13/2013 -
Company Name
Verve Mobile -
Mailing Address
1010 S. Coast Highway 101 Encinitas, CA 92024 -
Company Description
Verve Mobile is the pioneering leader in location-based mobile advertising. Our
customers are national brand advertisers who want to engage consumers on their
mobile devices with location-aware, data-driven and highly targeted marketing. We also serve premium publishers across the nation, delivering the platforms and services they need to power and monetize their mobile properties. -
Website
http://www.vervemobile.com -
Transaction Type
Venture Equity -
Transaction Amount
$14,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The capital willbe used to further develop and expand Verve’s proprietary mobile location-basedadvertising and publishing products and to grow its marketing and salescapabilities. -
M&A Terms
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Venture Investor
Nokia Growth Partners -
Venture Investor
BlueRun Ventures -
Venture Investor
Qualcomm
