BOKU, Inc., a San Francisco, CA-based developer of a mobile payment system, has raised $25m in a series C equity financing.
The round was led by DAG Ventures, with participation from Benchmark Capital, Index Ventures and Khosla Ventures.
Launched in June 2009, BOKU has already experienced extensive growth during this brief period of time, developing mobile payment processing relationships with over 1,000 game and application developers, including almost all of the top applications for virtual goods and currencies purchased on Facebook.
BOKU’s mobile payment service, Paymo, is enabled across 190 carriers worldwide in 58 countries, and reaches a potential 1.8 billion customers.
The company also operates offices in Europe, Asia and Latin America.