P97 Networks Receives $8,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5dc05aa0-73fb-4c4d-a027-67756d22e090
Date
12/18/2014
Company Name
P97 Networks
Mailing Address
10333 Richmond Ave. Houston, TX 77042 USA
Company Description
At P97 Networks we understand the power of mobile applications and the endless possibilities they offer. We look at mobile payment solutions as a way to create a meaningful relationship between company and consumer, a way to reduce the costs of operation, and to help facilitate discovery and simplify the purchase experience.
Website
http://www.p97.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series A
Proceeds Purposes
The investment will be used to accelerate product development, sales and marketing for P97.
M&A Terms
Venture Investor
Venture Investor