Tuesday, June 16, 2009

BOKU Gets $13M, Buys Two Firms

San Francisco-based BOKU announced this morning that the firm has raised $13M in a venture capital round. The round was led by Benchmark, and also included Index Ventures and Khosla Ventures. BOKU said it is developing a new payment service for consumers, allowing them to make online purchases using their mobile phones. In conjunction with the funding, the firm said it has acquired Paymo and Mobillcash, both of which provide mobile payments; financial terms of the acquisition were not disclosed. More information »