Tech Company Financing Transactions
Movile Funding Round
Innovacorp and Naspers Ventures joined a $53 million capital raise for Movile. The financing round was recorded on 7/12/2017.
Transaction Overview
Company Name
Announced On
7/12/2017
Transaction Type
Venture Equity
Amount
$53,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The $53 million that Movile received isn't just for the company's Rappido business line. It'll be used to expand the company's food delivery, ticketing and gaming businesses, as well.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
440N. Wolf Rd Mail 30
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Undisclosed
Website
Email Address
Overview
Movile is a leader in mobile marketplaces and our big dream is to make life better for 1 billion people through our apps. We work with people who are completely passionate to achieve this dream, empowered to build new businesses with global potential and driven to take risks to learn as fast as we grow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fabricio Bloisi
Chief Financial Officer
Arthur O'Keefe
Chief Technical Officer
Flavio Stecca
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About Database of VC Transactions
Our team works diligently to record funding rounds that are announced publicly. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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