Advertisement

BlueCava Nets $5 Million in New Funding

Oct. 21, 2010

BlueCava, an Irvine, Calif.-based company that can identify any device connected to the Internet, announced this week it has tapped investors, including NBA owner and billionaire Mark Cuban, for $5 million in new funding. Cuban, an entrepreneur and Internet pioneer who founded and sold Broadcast.com, will join the company’s board of directors. “BlueCava has created some very innovative technology and has a disruptive business model that will re-define the role that devices play in targeted online marketing and in fighting online fraud”, said Cuban.  “BlueCava has a huge market opportunity and I am excited to be joining the board.” The company said its technology works with any computing device (PCs, smartphones, video game consoles and set-top boxes), anywhere in the world, so that businesses can detect, identify and track devices within their own environments. BlueCava called the round of funding a validation of its business and noted its pricing model is far less than historical industry averages.



Advertisement


  • Alibaba Working on VR Payment - Aug. 11, 2016
    Alibaba Working on VR Payment

    Alibaba debuted a virtual-reality mobile shopping system at a recent trade event that will enable consumers to shop, evaluate products and, eventually, pay in 3D on their mobile devices.

  • Worldpay Reports End to Disruption - July 26, 2016
    Worldpay Reports End to Disruption

    On Sunday, e-commerce processor and acquirer Worldpay, which had experienced issues with delayed settlements for several weeks on one of its gateways, announced transactions now are processing normally.

  • Samsung Pay Launches in Brazil - July 19, 2016
    Samsung Pay Launches in BrazilToday, Samsung launched its contactless mobile payment solution, Samsung Pay, in Brazil with some of the biggest issuers in the country including Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander.

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here