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Fragmob Collects Venture Capital Debt

Monday, September 21, 2015 5:48:00 AM PDT | VentureDeal
   San Diego, California  --  Mobile technology company Fragmob has secured $3.2 million in venture capital debt investment.

Fragmob is developing what it calls "fast, extensive tools that enable direct selling companies to realize the benefits of a powerful direct selling mobile solution."

Global Technology Fund led the round, which included other undisclosed investors.

The company said it would use the funding for working capital purposes to build its team.

Fragmob CEO Jade Charles founded the company in January 2010.

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