BOKU Raises $35M

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.
The company currently operates in 67 countries around the globe and partners with 250 mobile network operators.
BOKU has raised a total of $75m in funding to date.

FinSMEs

15/03/2012

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