Monday, November 2, 2009

Bling Nation Grabs $20M

Palo Alto-based Bling Nation, which operates a mobile payments service, said today that it has raised $20M in a Series B funding round. The round was led by Balderton Capital, and also included prior investor Lightspeed Venture Partners. Bling said that Robert Bonanzinga of Balderton joins the firm's board along with the funding. Bling Nation's service allows consumers to pay for products using their mobile phone. More information »