Updated from last week: The correct amount is $24.5 million second round round of equity funding led by WK Technology Fund, the leading VC firm in Taiwan, and joined by VantagePoint Venture Partners, with participation by existing investor Add Partners. The investment will be used to add operational capacity, further development efforts, and expand to other countries. More details in the release…
Original post: That’s according to a VentureWire report (I don’t have a subscription, but get summary in e-mail). Navio Systems, content payment and commerce firm which is trying to use some superdistribution methods, will soon be closing a second round of financing worth “north” of $20 million, according to the story.
Related:
— Navio Content Commerce System Launched
— Navio Acquires Mobile Content Distributor DVNO
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post