Mobile Payments Firm Boku Raises $13 MillionAuthored by Mark Hefflinger on June 16, 2009 - 8:12am.
San Francisco
- Boku, a provider of mobile micropayment services, announced on Tuesday that
it has closed a $13 million round of venture capital funding, led by Benchmark
Capital.
Index Ventures and Khosla Ventures also participated. San Francisco-based Boku also announced its acquisitions of global mobile payment firms Paymo and Mobillcash, and the appointment of Mark Britto as its chief executive. Boku aims to bring "bank-grade" mobile payments to consumers making purchases of digital and virtual goods with their phones.
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