Mobile Commerce Firm Digby Lands $8 Million | Digital Media Wire

Funding Rounds

Summary

Austin – Digby, a provider of mobile commerce services, has closed an $8 million, third round of venture capital financing, led by Battery Ventures. Austin-based Digby powers mobile commerce for more than 45 retailers, including Home Depot, Toys "R" Us and Costco. The company also recently signed a deal with AT&T, which will re-sell Digby’s mobile products to its retail customers. Digby said it will use the new funds as working capital, as well as to expand sales, marketing, client services, research and platform development.

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Amount $8.0M Total raised
Date April 18, 2011 Announcement date
Investors S3 Ventures, Daylight Ventures Lead investors
Company http://www.digby.com Funded company

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Data Mining

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Secure Communication Software Collaboration Software Enterprise Software

Linked Companies

Wire
$1M to $5M