Tech Company Financing Transactions
mFoundry Funding Round
mFoundry secured a $18 million funding round on 12/5/2011. Investors included MasterCard, Arris Enterprises and Intel Capital.
Transaction Overview
Company Name
Announced On
12/5/2011
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will expand its focus to include payments opportunities with MasterCard and others.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
60 E. Sir Francis Drake 200
Larkspur, CA 94939
USA
Larkspur, CA 94939
USA
Phone
Website
Email Address
Overview
mFoundry provides the only equitable mobile banking and payments solution for financial institutions and wireless carriers. mFoundry's Spotlight Financial Platform is a cross-carrier, cross-platform solution with the broadest device support of any competitor.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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