ZooZ Grabs $2 Million In Series A Funding

Mobile payments platform ZooZ announced a $2 million Series A funding round through their blog on Tuesday.

“Our ability to close a robust Series A round in an increasingly crowded payments market underscores the strength and market potential of our approach,” said Oren Levy, co-founder and CEO of ZooZ, in the post.  “By focusing on creating a superior consumer checkout experience that ultimately leads to better conversion for retailers and developers, we’ve been able to clearly differentiate ourselves from the competition while attracting investors, partners and customers alike.”

Portola Valley and Xeed Capital led the round, with participating investor Rhodium contributing as well. ZooZ has now raised a total of $3.5 million in funding to date.

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