Payments Company More Magic Raises $4.1M


MoreMagic, which develops payment solutions for online and mobile content businesses, has closed a $4.1 million round of funding, the Newton, MA-based firm’s fourth injection of venture funding.

MoreMagic said the latest funding came entirely from investors who had taken part in earlier rounds, including Battery Ventures; Vision Capital; and Liberty Mutual. The firm has now raised some $22.8 million in funding since 2000.

Some more details in the release

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