Around the Net

Mobile Commerce Firm Raises $25 Million

Funding continues to flow into the mobile commerce sector, as venture capitalists show more support for services and platforms that show promise. Spring, a mobile commerce firm founded by venture capitalist David Tisch, has announced that it has received $25 million in its latest round of funding. This funding round was lead by Google Ventures, Sound Ventures, and Groupe Arnault. The funding will help the platform continue to improve its mobile application, also called Spring. The Spring mobile app is a shopping platform that allows users to browse for and purchase products on theirmobile devices. The application has found traction with consumers, many of whom are often looking for new platforms they can use that offer an enjoyable mobile shopping experience. These type of applications are finding strong support among these consumers and are likely to find more success in the coming years as activity in the mobile commerce space continues to surge.



Read the whole story at Mobile Commerce News »

Next story loading loading..

Discover Our Publications