Following the launch of Boku® Accounts, the company will use the investment to facilitate rapid growth and infrastructure development
Boku, the global leader in online mobile payments, announced today that it has secured $35 Million in funding. Investors include New Enterprise Associates (NEA), Telefonica Digital, the growth arm of the global telecoms leader, as well as previous investors. Additional participants in the round include Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures. The funding will be used to expand the team, broaden infrastructure and continue Boku’s global expansion that started in 2009.
For more information and details on the announcement, you can read the full press release here.