Verve Wireless Secures $7,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f918698f-3a8c-44f4-a027-c05170b89e06&Preview=1
Date
9/28/2010
Company Name
Verve Wireless
Mailing Address
1010 S. Coast Highway 101 Encinitas, CA 92024
Company Description
Verve is a wireless technology developer providing applications and services to publishers and media companies. Using the proprietary Verve Publishing Platform™, content partners are able to extend their readership onto mobile phones – and other network-enabled devices.
Website
http://www.vervewireless.com
Transaction Type
Venture Equity
Transaction Amount
$7,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Verve intends to the use the capital to expand its platform of advertising services.
M&A Terms
Venture Investor
BlueRun Ventures
Venture Investor
Undisclosed