Blis, location data tech firm, closes $25 mln Series B funding
Blis, the London provider of location data technology, closed $25 million in Series B funding from new investors — Endeit Capital, Beringea US and Unilever Ventures — and additional credit facilities provided by Silicon Valley Bank. In a statement, Blis said it would use the funds to expand into new markets, including the United States, increase sales and marketing efforts, strengthen its data-engineering ability and develop new features. The company said it’s profitable, operating in more than 50 markets. Mooreland Partners was Blis’s financial adviser in the Series B round.
12 April 2016•2 mins read
