– Boku, a provider of mobile payments technology, announced on Tuesday that it
has raised $25 million in its third round of funding, led by DAG Ventures.
backers Benchmark Capital, Index Ventures and Khosla Venture also participated
in the round.
Launched in June 2009, San Francisco-based Boku has to date
developed mobile payment processing partnerships with over 1,000 game and
application developers, including many on Facebook.
The company’s Paymo service
is enabled across 190 wireless carriers in 58 countries.