Tech Company Financing Transactions

MoBeam Funding Round

MoBeam, operating out of Palo Alto, secured $4.9 million in investment from Fairbridge Venture Partners, Mitsui & Co. Venture Partners and Samsung Ventures.

Transaction Overview

Company Name
Announced On
10/3/2011
Transaction Type
Venture Equity
Amount
$4,900,000
Round
Series A
Proceeds Purpose
Funds from this multimillion dollar funding round will be used to establish mobeam's light based communications (LBC) technology as a new industry standard allowing mobile phones to interact with point of sale (POS) technology. mobeam is also using these new funds to accelerate business development efforts with major consumer and retail brands for mobile couponing and other broad mobile commerce initiatives.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
299 S. California Ave. 201
Palo Alto, CA 94306
USA
Email Address
Overview
MoBeam Inc. applies its patented technology to transform the consumer-retail interaction and create multiple layers of value across the entire consumer products and retail industry, with clear benefits to both consumers and retailers.
Profile
MoBeam LinkedIn Company Profile
Social Media
MoBeam Company Twitter Account
Company News
MoBeam News
Facebook
MoBeam on Facebook
YouTube
MoBeam on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
George Garrick
  George Garrick LinkedIn Profile  George Garrick Twitter Account  George Garrick News  George Garrick on Facebook
Chief Operating Officer
Marcia Donner
  Marcia Donner LinkedIn Profile  Marcia Donner Twitter Account  Marcia Donner News  Marcia Donner on Facebook
Chief Technical Officer
Venky Raju
  Venky Raju LinkedIn Profile  Venky Raju Twitter Account  Venky Raju News  Venky Raju on Facebook
VP - Bus. Development
Rob Daly
  Rob Daly LinkedIn Profile  Rob Daly Twitter Account  Rob Daly News  Rob Daly on Facebook
VP - Customer Service
Joseph Battoe
  Joseph Battoe LinkedIn Profile  Joseph Battoe Twitter Account  Joseph Battoe News  Joseph Battoe on Facebook
VP - Engineering
Jin Lee
  Jin Lee LinkedIn Profile  Jin Lee Twitter Account  Jin Lee News  Jin Lee on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/30/2011: aDealio venture capital transaction
Next: 10/3/2011: Quantenna Communications venture capital transaction

 

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Where The Data Comes From

Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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