Boku Raises $25 Million, Plans for More Global Expansion

Boku has emerged as one of the main mobile payment service providers for social games in the last year, and today it is capitalizing on its growth, announcing a third round of $25 million. DAG Ventures led the funding, previous investors Benchmark Capital, Index Ventures and Khosla Ventures participated.

The company is also rebranding itself to consumers as Paymo, the name of one of the mobile payment companies that had been rolled up to create Boku earlier this year.

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