LevelUp Raises $12 Million, Still Looking For More

By  |  June 7, 2012
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SCVNGR, parent company to mobile payment startup LevelUp, raised $12 million from investors that included Highland Capital and Google Ventures, BostInno reports.

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    Founder Seth Priebatsch also hinted that the company may be preparing to raise even more money in the coming weeks. “This is a new round of preferred stock that will be left open for 1-2 more large strategic partners to join,” Priebatsch said in a release. “We’re already in late-stage conversations with them – just haven’t officially closed on their funds yet.”

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