Tech Company Financing Transactions

MobileLime Funding Round

MobileLime closed a $10 million Series B venture capital round on 3/21/2006. Backers included Oak Investment Partners, Ignition Partners and SeaPoint Ventures.

Transaction Overview

Company Name
Announced On
3/21/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Proceeds Purpose
We will leverage this new funding to support the national rollout of our mobile loyalty and payment solutions and speed the launch of our next generation mobile wallet based on Near Field Communication (NFC) technology.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
85 Main Street
Watertown, MA 02472
USA
Email Address
Not Recorded
Overview
MobileLime is the first U.S.-based company to turn the mobile phone into a marketing, loyalty and payment device, enabling merchants to build sales and loyalty in ways never before possible.
Profile
MobileLime LinkedIn Company Profile
Social Media
MobileLime Company Twitter Account
Company News
MobileLime News
Facebook
MobileLime on Facebook
YouTube
MobileLime on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Wesley
  Robert Wesley LinkedIn Profile  Robert Wesley Twitter Account  Robert Wesley News  Robert Wesley on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/21/2006: EKOS venture capital transaction
Next: 3/22/2006: Likewise Software venture capital transaction

 

Share this article

 


About Database of VC Transactions

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary