Burstly Expands Series A Round
Burstly, a San Francisco-based provider of a mobile ad platform, has added SoftBank Capital and Founder Collective to its Series A round. No financial terms were disclosed. The round’s original tranche was $1.8 million from Rincon Venture Partners and GRP Partners.
In a blog post, the company said:
We are excited to announce that SoftBank Capital and Founder Collective have joined our Series A. The Burstly team has done a tremendous amount with limited resources and it’s great to have top notch firms join our vision. We are impressed with the teams at both firms and look forward to their involvement. SoftBank Capital and Founder Collective join our initial Series A investors, Rincon Venture Partners and GRP Partners.
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