Austin Startup Funding Wrap-up

small businessAustin is really a haven for startup companies. Over the past weeks, two startups got capital investments based on the US SEC.

Mozido that caters mobile payments obtained $185 million from three identified investors. The said funding will be used for future expansion plans of Mozido and further develop its current payment system and marketing software that are both cloud-based.

On the other hand, another startup company that is based in Austin has received additional funding, involving Floodgate Capital and other two investors. Loop & Tie that sold gift vouchers online raised $105,000 of its $500,000 investment capital target.

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