Overview

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Status
Acquired by on February 28, 2012
Total Equity Funding
$12.13M in 2 Rounds from 5 Investors
Headquarters:
Newton, MA
Description:
MoreMagic develops payment engine applications, enabling consumers to purchase goods and services using the mobile phone or web.
Categories:
Finance
Website:
http://www.moremagic.com
Social:

Company Details

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Founded:
2000
Contact:
+1 (617) 244 1598
Employees:
11 - 50 | 4 in Crunchbase

MoreMagic Solutions is a global company that allows operators, content providers, and banks to offer consumers the ability to purchase goods and services on demand using a mobile phone or the web.

MoreMagic's high-throughput payment engine and pre-packaged applications enable customers to offer new revenue-generating services. Implementation in an existing network is quick and easy. Average return on investment is three to six months.

Funding Rounds (2) - $12.13M

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DateAmount / RoundValuationLead InvestorInvestors
Jun, 2005$4.13M / Series D3
Jun, 2000$8M / Venture3

Current Team (4)

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Offices/Locations (1)

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  • HQ

    255 Washington Street

    Two Newton Place Suite 270

    Newton, MA 02458

    USA

Past Team (2)

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Images (1)

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