BOKU grabs USD25m for mobile payments

Tue Jan 19 2010, 18:00 PM

BOKU has raised USD25m in Series C funding from DAG Ventures, Benchmark Capital, Index Ventures and Khosla Ventures, bringing the total raised since it launched in June to USD38m. The company is developing a standard for online payments, allowing users to pay for digital goods and services via their mobile phones rather than by credit or debit card.

Deal Details