Tapingo secures additional USD 22 mln investment

Monday 6 April 2015 | 09:59 CET | News
Tapingo, the company which created the Tapingo mobile commerce platform, announced a USD 22 million investment led by Qualcomm Incorporated through its investment arm Qualcomm Ventures. DCM Ventures, Kinzon Capital, and existing investors Khosla Ventures and Carmel Ventures also participated in the round. The company will use the funding to accelerate its expansion beyond the US college market, with the goal of transforming local commerce. Since tapping into the college market in 2014, Tapingo has grown from two-dozen campuses to more than 85 across the US. At present, Tapingo processes more

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Categories: Mobile & Wireless
Companies: Qualcomm
Countries: United States
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