Deal Announcements

Burstly Bags Series B Venture Capital

Friday, December 02, 2011 5:54:00 AM PDT | VentureDeal Staff

   Pacific Palisades, California  --  Mobile software company Burstly has received $5.5 million in its second round of institutional venture capital investment.

Burstly has created a platform for mobile developers to "maximize both their marketing and revenue opportunities."

Investors in the round included GRP Partners, Rincon Venture Partners and SoftBank Capital.

The company is launching its beta stage service concurrently with the funding announcement.

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