MOBO Systems (GoMoBo) reports $10 million investment round

mobo system MOBO Systems raised $10 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on October 10th, lured six investors. No offering was previously initiated by the company under a registration exemption with the SEC.

MOBO Systems markets and develops a payment and ordering platform that allows busy consumers to order, pay for and pick up takeout food without waiting in line.

The company, headquartered in New York NY, is led by Noah Glass (President). MOBO Systems elected to keep its revenues undisclosed.
The board of directors includes Daniel Meyer, David Frankel, James D Robinson and William Dunbar.

Offering recap
Status: Completed
Company: MOBO Systems
Industry: Other Technology
Amount offered: $10 million
Amount placed: $10 million
First sale: 10-10-2014
Data as of: 10-21-2014

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