Total Equity Funding
$14.5M in 2 Rounds from 1 Investor
Most Recent Funding
$5M Private Equity on May 31, 2013
San Jose, California
Danal, Inc. is a provider of mobile business solutions, enabling mobile payments, mobile commerce, marketing, and mobile wallet services. 
E-Commerce, Internet

Company Details


Danal, Inc., a majority owned U.S. subsidiary of Danal Corp [064260:KOSDAQ], is the premier global provider of mobile identity and authentication solutions driven by unique real-time connections to mobile operator networks and data. Danal’s Mobile Identity platform offers financial institutions and major retailers groundbreaking mobile transaction risk management services, and streamlined, customer conversion solutions that lower customer abandon rates during registration and checkout.

Danal is privately-held and headquartered in San Jose, California. Its strategic investor and majority shareholder, Danal Co., Ltd (Seoul, South Korea), pioneered Direct Carrier Billing (DCB) technology in Korea, Taiwan and China in 2000. An additional shareholder, Morgenthaler Ventures, also participated in Danal’s $9.5 million Series A investment in 2007. After announcing its first direct carrier payment connection with Verizon wireless in 2010, Danal Co. purchased additional equity in Danal to take a majority ownership position. In March 2012, Danal entered a marketing agreement with Discover to enable the two companies to drive market-leading innovation and value in a rapidly-evolving Omni Commerce [across online, mobile, and retail channels] marketplace.

Funding Rounds (2) - $14.5M

DateAmount / RoundValuationLead InvestorInvestors
May, 2013$5M / Private Equity0
Jun, 2007$9.5M / Series A1

Investors (1)

Series A (Lead)-

Current Team (11)


Board Members and Advisors (1)


Partners (4)

  • Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumers, businesses, and government users.
  • AT&T is a telecommunications company that provides wireless communications, local exchange, and long-distance services.
  • T-Mobile, a subsidiary of Deutsche Telekom, is a global mobile telephone operator.
  • Verizon Communications is a broadband and telecommunications company that provides information and entertainment services.

Offices/Locations (1)

  • HQ

    2833 Junction Avenue

    Suite 202

    San Jose, California 95134

    United States

Past Team (10)


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