mFoundry Garners $18,000,000 New Financing
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6de808bb-9c6d-4875-9d55-0d808d5d0f09&Preview=1 -
Date
12/5/2011 -
Company Name
mFoundry -
Mailing Address
60 E. Sir Francis Drake Larkspur, CA 94939 -
Company Description
mFoundry provides the only equitable mobile banking and payments solution for financial institutions and wireless carriers. mFoundry’s Spotlight Financial Platform is a cross-carrier, cross-platform solution with the broadest device support of any competitor. -
Website
http://www.mfoundry.com -
Transaction Type
Venture Equity -
Transaction Amount
$18,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will expand its focus to include payments opportunities with MasterCard and others. -
M&A Terms
-
Venture Investor
MasterCard -
Venture Investor
Intel Capital -
Venture Investor
Motorola Mobility Ventures
