Embark Obtains New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0dfd3a7-c6a8-45a9-92dc-54a4af97ccd7&Preview=1
Date
11/15/2012
Company Name
Embark
Mailing Address
Undisclosed San Francisco, CA 94105
Company Description
Embark makes it easy to get around without a car. Embark builds mobile software that makes it simple to get around on mass transit. We currently cover 12 Major transit systems in the United States and the United Kingdom and have applications on iOS and Android.
Website
http://www.letsembark.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
The funding will help Embark expand geographically and partner with BMW , especially in the area of intermodal mobility.
M&A Terms
Venture Investor
BMW i Ventures