Summary:

Masabi has raised $2 million in capital to help pay for the commercial roll-out of its mobile ticketing systems with two UK-based rail compa…

Masabi

Masabi has raised $2 million in capital to help pay for the commercial roll-out of its mobile ticketing systems with two UK-based rail companies. The money will also help expand operations into other geographies. The investor in the round was m8 Capital.

The London-based company said it is already working with two rail companies — Atos Origin and thetrainline.com — which are expected to launch the coming months. In December 2008, Masabi

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