Masabi Lands $12,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5120ade-c039-40e4-b9db-dee5c98dc2b6
Date
12/7/2015
Company Name
Masabi
Mailing Address
12 Desbrosses Street New York, NY 10013 USA
Company Description
Masabi is the transit mobile ticketing pioneer, delivering end-to-end systems to agencies that bring significant cost savings and enhanced customer experience.
Website
http://www.masabi.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This latest round, including corporate partners for the first time, marks a step change in Masabi’s growth and speed to market.
M&A Terms
Venture Investor
MasterCard
Venture Investor
MMC Ventures