Mobiquity Garners $12,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=297c323f-3d56-4a46-b90a-a16020837714&Preview=1
Date
6/5/2013
Company Name
Mobiquity
Mailing Address
16 Laurel Ave Wellesley Hills, MA 02481
Company Description
Mobiquity is a strategy-led, implementation driven Mobile Computing professional services firm focused on architecting, developing and deploying custom mobile solutions for the Global 2000. Mobiquity offers a broad range of services for clients seeking to leverage the power of the Mobile Internet as a business game-changer.
Website
http://www.mobiquityinc.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series B
Proceeds Purposes
The new injection of capital will support Mobiquity’s geographic expansion as well as continued investment in the company’s product portfolio.
M&A Terms
Venture Investor
NewSpring Capital
Venture Investor
Longworth Venture Partners
Venture Investor
Sigma Prime Ventures