Boom Financial Secures $17,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=695ae1c1-7409-4400-8036-906a449ff6cf&Preview=1 -
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
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Venture Investor
Digicel Group -
Venture Investor
RRE Ventures -
Venture Investor
Undisclosed
