M8 Capital Backs Masabi with $4M
Masabi, a developer of mobile ticketing technology, has inked a $4 million Series B round from investment firm M8 Capital. The money will be used to deploy the company’s technology with several rail companies in the U.K., the company said. Masabi’s ticketing services have launched so far on Cross Country Trains, thetrainline.com, Virgin Trains and Chiltern Railways. Masabi is based in London.
2 November 2011•3 mins read
