MOGL Garners $5,887,279 New Funding Round

  • Feed Type
  • Date
    2/21/2014
  • Company Name
    MOGL
  • Mailing Address
    9645 Scranton Road 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
    $5,887,279
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. $854,821.11 is new money and $5,032,458.39 is the conversion of outstanding convertible promissory notes. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • M&A Terms
  • Venture Investor
    Undisclosed