Tech Company Financing Transactions
Mobibucks Funding Round
Mobibucks secured a $5 million Series A funding round on 7/5/2011. Backers included Acadia Woods Ventures and private investors.
Transaction Overview
Company Name
Announced On
7/5/2011
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Acadia Woods Ventures (Lead Investor) (Jeffrey Samberg)
Proceeds Purpose
The investment fuelsMOBIbucks' rapid growth in key markets around the world and fundscustomer service in support of new installations.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
1183 Bordeaux Dr. 1
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
Mobibucks is a free, fast and secure mobile payment solution enabling consumers to make cashless transactions. Mobibucks is led by a combination of payment industry veterans and innovative entrepreneurs working together with leading edge retailers to create the next generation payment infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steven Novak
Chief Technical Officer
Praveen Amancherla
VP - Sales
William Baustien
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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