Tech Company Financing Transactions
MoreMagic Solutions Funding Round
MoreMagic Solutions secured a $3.5 million Series A funding round on 1/7/2010. Backers included Iberdrola Group, Nypro and Turnstone Capital Management.
Transaction Overview
Company Name
Announced On
1/7/2010
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Series A
Proceeds Purpose
The funds will finance activities through to the commercial release of Morgan Solar's unique Concentrated Photovoltaic (CPV) solar panel - the Sun Simba HCPV.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
221 Crescent St. 302
Waltham, MA 02453
USA
Waltham, MA 02453
USA
Phone
Website
Email Address
Overview
MoreMagic Solutions is a global company that allows operators, content providers, and banks to offer consumers the ability to purchase goods and services on demand using a mobile phone or the web.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pankaj Gulati
VP - Engineering
Shyam Chittajallu
VP - R & D
Nimit Sawhney
VP - Sales
Alex Tarlamis
Browse more venture capital transactions:
Prev: 1/7/2010: PackLate.com venture capital transaction
Next: 1/7/2010: MicroCHIPS venture capital transaction
Share this article
News on VC Transactions
We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs