ItsOn Receives $15,500,000 Series B Financing

  • Feed Type
  • Date
    10/31/2012
  • Company Name
    ItsOn
  • Mailing Address
    275 Shoreline Dr Redwood City, CA 94065
  • Company Description
    Backed by over 50 patents and pending patent applications, ItsOn created the Smart Services revolution over three years ago. Comprised of pioneers in the wireless and security industries that have a track record of delivering SaaS client-cloud services to over 70 million consumers and invented the core technology behind LTE and WiFi 802.11N, the ItsOn team is well positioned to deliver the next wave of mobile wireless services technology.
  • Website
    http://www.itsoninc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    ItsOn-enabled mobile services will be available to consumers and businesses in the US and globally starting next year.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    SV Angel
  • Venture Investor
    Individual Investor