MOGL Lands $10,000,000 Series B Financing Round

  • Feed Type
  • Date
    2/1/2012
  • Company Name
    MOGL
  • Mailing Address
    Undisclosed San Diego, CA 92121
  • Company Description
    The Internet startup offers its customers multiple incentives for returning to member restaurants and bars, using a mixture of technology, games, and psychology. The incentives include a 10 percent cash back each time a customer returns to eat at participating restaurants.
  • Website
    http://www.mogl.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    It has raised $10 million in venture funding to fuel its expansion into San Francisco, New York, and other markets.
  • M&A Terms
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Austin Ventures
  • Venture Investor
    Avalon Ventures