Verve Mobile Lands $14,000,000 Series C Funding Round

  • Feed Type
  • Date
    2/13/2013
  • Company Name
    Verve Mobile
  • Mailing Address
    1010 S. Coast Highway 101 Encinitas, CA 92024
  • Company Description
    Verve Mobile is the pioneering leader in location-based mobile advertising. Our
    customers are national brand advertisers who want to engage consumers on their
    mobile devices with location-aware, data-driven and highly targeted marketing. We also serve premium publishers across the nation, delivering the platforms and services they need to power and monetize their mobile properties.
  • Website
    http://www.vervemobile.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The capital willbe used to further develop and expand Verve’s proprietary mobile location-basedadvertising and publishing products and to grow its marketing and salescapabilities.
  • M&A Terms
  • Venture Investor
    Nokia Growth Partners
  • Venture Investor
    BlueRun Ventures
  • Venture Investor
    Qualcomm