Verve Buys Roximity, Raises $30M In Debt
socalTECH
JUNE 21, 2016
Verve , a provider of location-based advertising technology which has operations in San Diego, said this week that it has acquired wireless beacon startup Roximity , and raised $30M in a debt funding. Financial details of the acquisition were not announced. The debt funding came from Silicon Valley Bank.
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