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Boku Raises $35m

Image representing Andreessen Horowitz as depi...

Leading VCs like Andreessen Horowitz have taken part in the $35m round.

Mobile operator Telefonica and a host of other investors including New Enterprise Associates (NEA), Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Venture have taken part in an investment round with direct operator billing start-up Boku.

The round totals some $35m and clearly shows the growing interest in a direct operator billing as a competitor to other mobile payment solutions wrapped around credit card or payment gateways.

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