Vodafone leads $4.75 mln second close of Flybits’ Series A

Flybits Inc has completed the second close of its Series A financing round, which was reported as having raised $3.75 million in August 2014. The second close, which brought the round's value to $4.75 million in total, was led by Vodafone Ventures, the venture capital investment arm of British mobile carrier Vodafone Group plc. Based in Toronto, Flybits is a software-as-a-service provider that allows consumer-focused enterprises to manage mobile experiences that deliver targeted content and services. Founded in 2012, the company is also backed by Robert Bosch Venture Capital, Trellis Capital Corp and MaRS Investment Accelerator Fund, among other investors.

30 April 2015•4 mins read
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