Boom Financial Secures $17,000,000 New Financing Round

  • Feed Type
  • Date
    7/19/2012
  • Company Name
    Boom Financial
  • Mailing Address
    440 N. Wolfe Rd. Sunnyvale, CA 94085
  • Company Description
    Boom Financial is a pioneering money remittance company focused on allowing consumers to use any mobile phone to make international money transfers.
  • Website
    http://www.useboom.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Palo Alto, Calif.-based m-Via has raised $17 million in new capital and changed its name to Boom Financial. Digicel Group led the round, which will be used to expand its sales and marketing, as well as bolster its product team.
  • M&A Terms
  • Venture Investor
    Digicel Group
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Undisclosed

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