BOKU Raises $35M

Funding Rounds

Summary

BOKU, a San Francisco, CA-based provider of online mobile payment solutions, has raised $35m in funding.Backers include New Enterprise Associates, Telefónica Digital, Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures.The company intends to use the capital to hire new people (http://www.boku.com/jobs/), broaden infrastructure and continue to expand globally.Formed in 2008 and led by CEO Mark Britto, President Ron Hirson, CTO Erich Ringewald BOKU provides an online mobile payment platform that connects merchants and carriers with mobile users.BOKU has raised a total of $75m in funding to date.

$ Funding

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Amount $35.0M Total raised
Date March 15, 2012 Announcement date
Investors New Enterprise Associates (NEA), Kholsa Ventures, Benchmark, Telefónica, DAG Ventures, Boku, Index Ventures, Andreessen Horowitz Lead investors
Company http://www.BOKU.com/ Funded company

Classifications

industries
Fintech & Banking
applications
Web and Content Management

AskAI Classifications

Labels
Payments Software Fintech Infrastructure API Platform

Linked Companies

Boku
$50M to $100M