Tech Company Financing Transactions
Payfone Funding Round
BlackBerry Partners Fund, Opus Capital and RRE Ventures participated in a $5 million Series B funding round for Payfone. The round was announced on 8/2/2010.
Transaction Overview
Company Name
Announced On
8/2/2010
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors
Proceeds Purpose
The company plans to use the funds to scale its presence across EMEA, Latin America and Asia.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
245 5th Ave. 20th Floor
New York , NY 10016
USA
New York , NY 10016
USA
Phone
Website
Email Address
Overview
Payfone, Inc. allows users to pay for online goods and services using mobile credit.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rodger Desai
Co-Founder
Mike Brody
Browse more venture capital transactions:
Prev: 8/2/2010: Explorys venture capital transaction
Next: 8/2/2010: LensAR venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs