BOKU has announced that it has secured funding from the venture capital firm Andreessen Horowitz. Silicon Valley technology veterans Marc Andreessen and Ben Horowitz, founders of the firm, will also advise BOKU on strategic matters, industry insight and tactical direction.
“Andreessen Horowitz looks to help talented entrepreneurs build great companies around great technologies, and we did an extensive review of the mobile payments space and the players before deciding to work with BOKU,” said Marc Andreessen, co-founder and general partner at Andreessen Horowitz. “We feel that BOKU’s management team along with the company’s market-leading merchant relationships, global coverage, and technology will be a powerful combination as they continue their aggressive growth plans in a rapidly changing space.”
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