Mobile Payments Company Boku Raises $25 Million In Series C Funding Led by Dag Ventures

 Mobile payment provider BOKU,  announced January 19 that it has raised $25 million in series C capital led by DAG Ventures,  with continued participation from Benchmark Capital, Index Ventures and Khosla Ventures.

BOKU, which was founded in Europe in June 2009 and raised $13 million last June, has seen tremendous growth in the last year. In November, it announced 12 new major gaming partnerships , expanding its reach by over 200 million gamers.  The company has developed mobile payment processing relationships with over 1,000 game and application developers, including almost all of the top applications for virtual goods and currencies purchased on Facebook.  BOKU's mobile payment service, Paymo, is enabled across 190 carriers worldwide in 58 countries, and reaches a potential 1.8 billion customers.

The company, now based in San Francisco, intends to become the standard for online payments using  mobile phones, making it easy to pay for digital goods and social experiences across the web.