Verve, a NYC-based location-powered mobile marketing platform, received a new $30m debt financing.
Silicon Valley Bank (SVB) provided the financing.
The company intends to use the funds to continue building new data and platform solutions for its expanding customer base.
Led by Nada Stirratt, CEO, Verve provides a location-based mobile marketing platform with proprietary location intelligence, patented technology, premium inventory, and analytics capabilities that allow marketers to identify, reach and engage consumers with advertising experiences.
The company has offices in San Diego, San Francisco, Los Angeles, Washington, D.C., Chicago, London, Eastern Europe, India and Southeast Asia.