Mobile payment platform Bango is about to process a £6.5 million ($10.2 million) transaction of its own after announcing the closure of an investment round Friday featuring new and existing investors.
Companies included in Facebook’s Preferred Marketing Developer program have raised a total of $915.17 million in publicly disclosed funding, with nearly one-half of that amount going to advertising application-programming-interface vendors, according to research from “decision support system” AlphaBoost.
A group of angel investors plunked $633,000 into Plink, a Facebook Credits-based loyalty program for national restaurant chains.
What do Digital Sky Technologies and Elevation Partners have in common, besides being investors in Facebook? Each is seeking to raise $1 billion.
Using Facebook to solicit potential investors is frowned upon by the Securities and Exchange Commission, even if the investment involves a cold beer on a hot summer day.