AAA CardStar gains Verizon Ventures call

CardStar gains Verizon Ventures call

US phone operator Verizon has invested $400,000 in US-based mobile phone services company CardStar as part of a $1.4m series A round, according to news provider Wall Street Journal.

The A round had initially been closed in March at $1m from Acta Wireless, a consulting and seed investment group, and two early-stage venture capital firms Amplifier Ventures and LaunchCapital before Verizon Ventures joined earlier this month.

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