Tagged: mobile

Next Games completes $5.64 million fundraising


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XDATA – November 5th 2015
Next Games successfully completed a $5.64 million non-brokered equity financing round. A total of eight investors started to subscribe to the round two days ago. The company closed three previous unregistered private placements which raised an estimated $12 million.
The company is registered in a foreign jurisdiction indicating the amount offered reported may only represent the portion of the placement earmarked by the company for US investors.
The company is a video game studio developing visually impressive, highly engaging mobile games. It is behind Compass Point: West, and The Walkig Dead. Investors include IDG Ventures, Jari Ovaskainen, Lowercase Capital, IDG Capital, AMC Networks Ventures, and York Ventures.
Teemu Huuhtanen (CEO) leads the Helsinki Finland based company which was registered in 2013. Next Games elected to keep its revenues undisclosed.
The executive team includes Teemu Mikael Huuhtanen.
The board of directors includes Jari Juhani Rainer Ovaskainen, Joakim Achren, Paul Rehrig, Peter Levin and Philip Sanderson.

The company has raised an estimated total of $17.64 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Next Games
Industry: Other Technology
Amount offered: $5.64 million
Amount placed: $5.64 million
SEC filing: Source
First sale: 11-03-2015
Data as of: 11-05-2015
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Pricing platform Scientific Revenue reports $1.5 million raised at first close


XDATA – October 8th 2015
Scientific Revenue received two commitments for its $2.5 million financing round. Investors committed to buy 60% or $1.5 million worth of equity almost two weeks ago. $1 million in additional funding can be raised before September 2016 based on the placement’s structure. Until this disclosure Scientific Revenue had raised an estimated $3.01 million in unregistered securities via one previous financing round.
Scientific Revenue markets a platform dedicated to maximizing the money mobile developers make from their creative work. With an SDK already integrated in games with over 100 million total downloads, the company’s dynamic pricing engine for in-app purchases typically boosts payment conversions by 15 percent, and overall revenue by 20-40%. The company is backed by Walden Venture Capital.
William Grosso (President) leads the San Mateo CA based company which was registered in 2013. Scientific Revenue elected to keep its revenues undisclosed.
The board of directors includes Jack Tretton and Larry Marcus.

The company has raised an estimated total of $4.51 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Scientific Revenue
Industry: Other
Amount offered: $2.5 million
Amount placed: $1.5 million
SEC filing: Source
First sale: 09-25-2015
Data as of: 10-08-2015

 

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Lavu files details on its $15 million financing


lavuHey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here.

Lavu raised $15 million from three financial backers a little over a week ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. The equity offering’s expected net proceeds amount to $10.57 million excluding $4.43 million that has been or is proposed to be used for payments to officers. No offering was previously initiated by the company under a registration exemption with the SEC.

Lavu designs and develops iPad-based point of sale and business management software for the hospitality industry.

Lavu, registered in 2015, is headquartered in Albuquerque NM. It is led by Andy Lim (CEO). Revenues were not disclosed.
The executive team includes Corey Fiala.

Offering recap
Status: Completed
Company: Lavu
Industry: Other Technology
Amount offered: $15 million
Amount placed: $15 million
SEC filing: Source
First sale: 06-04-2015
Data as of: 06-12-2015

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Mobile protection plan provider Pitzi closed a $15.75 million round


pitziIf you didn’t know about it, maybe it’s time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here. You can find the story and many more on qbeats as well.

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Investors buy $12.5 million worth of Jana Mobile’s equity


Jana Jana Mobile disclosed placing 97% of its $12.91 million non-brokered equity issuance. Based on the filing, three investors started to subscribe to the $12.5 million first close almost two weeks ago. The company closed three previous unregistered private placements which raised an estimated $25.43 million.
Jana Mobile develops and markets a mobile technology platform that connects emerging market consumers with global brands using mobile airtime. With Jana Marketplace, the advertising arm of the company’s mobile platform, individuals in emerging markets build relationships directly with brands through the company’s mutual data exchange. This exchange takes place on the company’s opt-in consumer facing platform, mCent. Through its integrations with 237 mobile operators, the company can redirect a share of the hundreds of billions of dollars spent on traditional advertising into the pockets of emerging market consumers. In return, brands can build a direct relationship with their next billion customers via mobile. The company is backed by Publicis Group, Todd Dagres, Rohini Chakravarty, Jon Miller, Paul Sagan and Esther Dyson.
The company, headquartered in Boston MA, is led by Nathan Eagle (President). Jana Mobile elected to keep its revenues undisclosed.
The executive team includes Benjamin Olding.
The board of directors includes Maurice Levy and Todd Dagres.

The company has raised an estimated total of $37.93 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Jana Mobile
Industry: Other Technology
Amount offered: $12.91 million
Amount placed: $12.5 million
SEC filing: Source
First sale: 12-17-2014
Data as of: 12-30-2014
All dollar amounts are derived from filings lodged with the SEC by the company under current and previous names.


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Luminary issues $200,000 worth of securities


80% of Luminary’s $250,000 unregistered private offering was placed almost two weeks ago. The non-brokered equity securities were subscribed by four investors. The first close garnered $200,000. Based on the offering’s structure, the company has until October 2015 to raise an extra $50,000. The equity offering’s estimated net proceeds will amount to $195,000 which excludes $55,000 to be paid toward officers’ salaries. This is the first time Luminary is selling securities under a registration exemption.

The company is a mobile game developer founded by the Co-founder of Zynga. The company’s first game is a strategic endless runner game dubbed Greedy Goblins.

Carl Eric Schiermeyer (CEO) leads the San Francisco CA based company which was registered in 2013. Luminary elected to keep its revenues undisclosed.
The executive team includes Amir Pascal Ebrahimi and Marco Rizzo.

Offering recap
Status: First close
Company: Luminary
Industry: Other Technology
Amount offered: $250,000
Amount placed: $200,000
First sale: 10-30-2014
Data as of: 11-12-2014

For more information visit www.XDATA.co

LightSail revised its offering cap upward to $10.24 million and received $8.69 million in commitments


Change: offered +124% / raised +153% / placed 85%

lightsale LightSail upped its financing to $10.24 million from $4.56 million after receiving new commitments. An additional $5.25 million worth of securities was placed by the company with sixteen investors since the company last released data almost a year ago. This brings to $8.69 million the amount raised from the thirty-five backers who subscribed to the offering. The offering is structured as indefinite and will remain open until fully subscribed. This is the first offering initiated by the company under regulation D of the Securities Act of 1933.

LightSail develops and markets an adaptive, tablet-based literacy platform designed to provide teachers with the tools to boost students’ interest, passion and proficiency in reading. It features an interactive e-reader, embedded assessments, real-time data. Backers include Serious Change.

Ryan Alexander (President) leads the New York NY based company which was registered in 2012. LightSail elected to keep its revenues undisclosed.
The executive team includes Gideon Stein.

Offering recap
Status: Intermediary close
Company: LightSail
Industry: Other Technology
Amount offered: $10.24 million
Amount placed: $8.69 million
First sale: 11-01-2013
Data as of: 10-30-2014

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Investors buy $185 million worth of Mozido’s equity


mozido Mozido disclosed placing 46% of its $400 million non-brokered equity issuance. Based on the filing, four investors started to subscribe to the $185 million first close almost two weeks ago. The offering will remain open until October 2015 while an additional $215 million worth of securities is sold to investors. Until this disclosure Mozido had raised an estimated $103.47 million in unregistered securities via one previous financing round.

Mozido develops and markets a platform of cloud-based, white-label, mobile payment, shopping and marketing solutions with real-time customer analytics. The company is backed by MasterCard, Wellington Management, H.R.H. Sheikh Nahyan bin Mubarak Al Nahyan and Tiger Management.

The company was registered in 2013 and has its headquarters located in Austin TX. Mozido elected to keep its revenues undisclosed.
The executive team includes Daniel D O’Malley, David Luther, Garrison Smith and Mike Love.
The board of directors includes Adolfo Salume, Gregory Corona, Peter Smith, Randi Zuckerberg, Robert Selander and Robert Turner.

The company has raised an estimated total of $288.47 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Mozido
Industry: Other
Amount offered: $400 million
Amount placed: $185 million
First sale: 10-10-2014
Data as of: 10-22-2014

For more information visit www.XDATA.co

Investors buy $12.14 million worth of Urban Airship’s equity


urban airship Urban Airship disclosed placing 60% of its $20.11 million non-brokered equity issuance. Based on the filing, three investors started to subscribe to the $12.14 million first close on October 8th. $7.98 million in additional funding can be raised before October 2015 based on the placement’s structure. A total of five unregistered securities offerings closed by the company raised an estimated $46.77 million.

Urban Airship develops and markets engagement solutions for brands. The company’s solutions streamline the creation, delivery and management of highly targeted cross-platform mobile push messages, in-app messages, rich app pages, Apple Passbook passes and Google Wallet cards. Investors include True Ventures, Foundry Group and August Capital.

The company is headquartered in Portland OR. Urban Airship elected to keep its revenues undisclosed.
The executive team includes Brett Caine, Mike Temple and Suk Kim.
The board of directors includes Jason Mendelson, John Johnston, Pete Grillo and Puneet Agarwal.

The company has raised an estimated total of $58.91 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Urban Airship
Industry: Other Technology
Amount offered: $20.11 million
Amount placed: $12.14 million
First sale: 10-08-2014
Data as of: 10-22-2014

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Quantance launched a $9 million Series E offering and placed $6 million


quantanceAccording to a document filed by Quantance with the SEC, the company launched a $9 million non-brokered equity offering. So far Quantance sold 67% or $6 million worth of new unregistered securities to ten backers. The subscription started one month ago. $3 million in additional funding can be raised before September 2015 based on the placement’s structure. A total of five unregistered securities offerings closed by the company raised an estimated $42.53 million.

Quantance commercializes its qBoost envelope tracking technology which increases data upload speeds, network capacity, service coverage, and battery life for smart phones, tablets, WIFI hotspots, and other high speed mobile data devices.

The company, headquartered in San Mateo CA, is led by Vikas Vinayak (CEO). Quantance elected to keep its revenues undisclosed.
The executive team includes Vikas Vikayak.

The company has raised an estimated total of $48.53 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Quantance
Industry: Other Technology
Amount offered: $9 million
Amount placed: $6 million
First sale: 09-11-2014
Data as of: 09-26-2014

For more information visit www.XDATA.co